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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 Schreibzeyon Sep 30, 2019 7:13am
142 Views
Post# 30176717

RE:RE:"LIKE 8 MILLION SHARES ISN'T ENOUGH ALREADY" FOR GIL...

RE:RE:"LIKE 8 MILLION SHARES ISN'T ENOUGH ALREADY" FOR GIL...I agree with you, but to keep it bubbling, why did he buy so soon after the Joe results....especially with nothing on the immediate horizon? We have money for a few more drills, but does anyone see any dilution or further fund raising to get us to production....or do we get bought out before that? What’s the timeline? 
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