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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 AnMaron Jun 08, 2019 3:41pm
72 Views
Post# 29809129

My take on the Stena Forth's location

My take on the Stena Forth's locationI don't think the Stena Forth is still sitting in the Gulf of Guinea - I think the ship is underway and has been for about  week or so, we just don't see it on any of the ship-finding websites.

I am estimating her cruising speed to be ~18 kph which makes it about a 15 day trip, so I think we have about 8-10 days until she arrives, 1 or 2 days setup, and then spud. Today is June 8, so I am estimating the spud date to be June 20, 12 days from now. By July 10 they should know if the 1st prospect is a success or not.

I am expecting a spud news release on June 21.

Hoping these guys get it right (and have a bit of luck on their side)
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