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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 nomomoney24on Mar 22, 2019 7:29pm
224 Views
Post# 29525772

If you post on the UK boards....

If you post on the UK boards....Post this comment i cant be botherd to sign up to a UK board ...... But a great board it is.

Guys are going on about what Exxon is shareing with Eco because Exxon discoverd Hammerhead with Eco's 3D.

When talking with managment while back I asked if they were helping each other out. 

Anwser I got was there is NO NOTE SHARING  with Exxon, they have technology they don't want to share with anyone. It's not how it works, the oil and gas business is very competitive.  

You need permission to over lap and I'm sure you can get the ok if you hand over the data to the owner of the block your over lapping.
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