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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

Eco (Atlantic) Oil & Gas Ltd. is a Canada-based oil and gas exploration company with offshore licensed interests in Guyana, Namibia, and South Africa. The Company operates a 100% working interest in the 1,354 square kilometers (km2) Orinduik Block in Guyana. The Orinduik Block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers (km) offshore Guyana in the Suriname Guyana basin. The Company holds operatorship and an 85% working interest in four offshore petroleum licenses in the Republic of Namibia, being petroleum exploration licenses (PELs) 97 (the Cooper License); 98 (the Sharon License); 99 (the Guy License); and 100 (the Tamar License), representing a combined area of approximately 28,593 km2 in the Walvis Basin. In South Africa, the Company holds an approximately 6.25% working interest in Block 3B/4B and pending government approval of a 75% operating interest in Block 1, in the Orange Basin, totaling some 37,510km2.


TSXV:EOG - Post by User

Post by TripleR44on Feb 03, 2017 3:28pm
199 Views
Post# 25797109

ECO Looking Great

ECO Looking Great I have to chime in. You guys have it exactly right.  ECO is looking terrific.  Exxon 6.5 kms adjacent and spending hundreds of millions on 1.4 billion to 2 billion early days prolific discovery. $8 to $8.5 million in the bank after the AIM listing. No imminent spending committments with Tullow carrying ECO on the fast tracked Oridinuik 3D.  Tullow has multiple targets updip to target.  Market looking good with tight fisted shareholders in place and new hungry AIM audience. What's not to like. Congrats to ECO management for a strategic positioning job well done. The best is yet to come as the news flow generates upside surprises.   People if you want in on a true life changing elephant hunt this has to be it. Let's do this....
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