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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

Comment by pennyoilkingon Mar 05, 2019 11:53pm
89 Views
Post# 29447638

RE:RE:RE:Pullback to $???

RE:RE:RE:Pullback to $???Yeah, I sold off some EOG shares yesterday. I still own most of them, but I also expect a small sell off soon. Tax payments and etc. AOI and Tullow, both of which I already hold shares in I added to from my sales because of their low ball prices compared to EOG. I am guessing we might see a drop off to the .90-$1 levels over the next 2 months at which time, I can replace the shares I sold. If not, I will let the bigger part run or die
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