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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 tiger77on Sep 05, 2019 8:56pm
177 Views
Post# 30100603

RE:RE:WRONG.

RE:RE:WRONG.

I find human nature funny!  You have people screaming foul play, people saying leaks, people touting opportunity, chain reaction selling, government and on and on and on.

Only piece of fact that I know is that its the same crew that was on Stena for Jethro and they were super silent and quiet.  If anything the stock went down a lot slowly.  There was no panic sell and there also wasn't a crazy run before the results either.  If they were silent before Jethro I see no reason to believe Joe will be any different.  I also don't believe they are anywhere near results yet as they were talking mid to end of Sept but who knows is the real answer!

Reality is no one really knows.  Some people will panic and get out tomorrow causing this to drop even further and some people will take advantage of the drop but one thing we do know is....

I'll be watching LSE first thing tomorrow to see what happens.

Time will tell!

GLTA

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