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

Comment by OilGold1on Oct 18, 2019 3:20pm

117 Views

Post# 30245216

RE:RE:RE:RE:Slow with EOG, but AOI and AFE are moving!

GH said he doesn't look good in a helmut thereby reminding us it's his intent to sell. Pre Xmas sounds about right if the CPR rocks, especially if it's followed up with a good result on Carapa-1. If we're still in Guyana come the new year it won't be a good sign imho. The Walvis Basin is where he'd rather be sooner than later.

Good Wekend!

Bullboard Posts

The investment impact of the U.S. 25% tariff on Canadian imports