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

Bullboard Posts

Post by Atonon Sep 03, 2019 2:24pm

346 Views

Post# 30091255

Pareto, Research Report 3/9 2019 BUY TP 3,22 CAD

Pareto:

Eco Atlantic is well positioned to maximise the value of its position in the world’s hottest exploration region that at some point could lead to a sale of the company. BUY reiterated – TP up to GBp 200 (170)

https://research.paretosec.com/PARETO_TD_TRACK/external/download?q=17236fc8bd55d9db88c0fa1edd8965b27d2a11c18PAY0YGAjIWXf7n6TdSKaHY1YSbMWqjDBk5LOv%2FtkSp%2BTjSwnTnLB1ee1C6BUVeMDdD9nY4wdJIFxe4fwjYS6vBO5V2%2FH3gPZc0mW5Zbs9%2BYa3QWnBlGDwgfPW1ipgFaVUDWVMGNmR9bOi7f1wHMRr%2FGwrrAc26EcnAtMZMQCQug7L3grrU2XUhxFyQsx9ctSFdMHkKGIZIjK%2B6GqVWhchL3lNLjwbKjkW3tFa2EtYgkLVqLgb5jFPLiDzhZHte2NEugKZztDI7ggt44gZDG7TkVcC31yCdDc3pLE0uvaY1qcRdpXL8NnwyzLZEhrmpprRBOCGUqOsaohknrrz4z0JA%3D%3D