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.

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Eco (Atlantic) Oil & Gas Ltd

Bullboard Posts

Comment by OilGold1on Aug 20, 2019 9:40pm

235 Views

Post# 30048835

RE:RE:RE:RE:RE:RE:RE:RE:decided to join today

Could be $2 but then that wasn't reached the week of the Jethro announcment - I'd hope no lower than $2.19.

The Stena Forth's destintion could end up carrying the recent momentum if she doesn't go to Joe. GH hints there could be an additional well this year so why not the extension. A second hit along with Hammerhead and we'll be discussing a $3 floor.

The 'Oracle' may not have been the originator of the above quote.

Bullboard Posts

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