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Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s):  ECAOF

Energy Oil & Gas E&P
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

Eco (Atlantic) Oil & Gas Ltd
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Post by Atonon Feb 22, 2018 11:26am
201 Views
Post# 27602006

Pareto Initial Coverage BUY - Target Price 1.68 CAD

Pareto Initial Coverage BUY - Target Price 1.68 CADJunior Explorer with Big Company Prospectivity We are initiating coverage of Eco (Atlantic) Oil & Gas Ltd. (Eco) with a BUY rating and a GBp95 target price, which represents a 12- month upside of 148%. https://research.paretosec.com/PARETO_TD_TRACK/external/download?q=1fffb578a1b0fd0484e6bf58bddd3d1911b67e100PuXC/BJKJZRsZMI0hDzonNE/JU0XHiuysPYaOQSi3BALH/64a2Rzwy3cNL/Q42mod8GkxB8as5fdrZYwxuhJiLpQ6LC3LeGUpsulDpwUj19OgYZ8CLuEgF2zzG/dDYturukvTTaBiMXfwysy99Hmq8u14C0zlfBLsg3azwkx04i93CQyZkY%2BKGLffPhP2fV4fKYAZq9Zuurcyo2ltjaFL0XLAmOwQrTNpBrjzZgo63Qo14%2BZJYD5weE5FpPCIGo9PC8IvuYptYz0euZ%2B4PgqhUl6X76%2BttliArPX7ci7mTQ%3D
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