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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 Nov 20, 2019 8:36am
67 Views
Post# 30372992

RE:What heavy oil really means for Orinduik

RE:What heavy oil really means for OrinduikNice article. Can someone explain, in layman's terms, how a stock price might be artificially kept down? For example, we're dealing with what seems to be market overreaction, the AIM is the wild west, it also trades on the TSE. Does exercising options at a low price pull the stock price down? I'm having trouble drawing the lines. 

Despite my own thoughts about QP buying in, all partners knowing the data set, no real bad news, I'm surprised we're at the current level. Perhaps, catman is correct about Tullow - but they seem to have larger problems outside of Guyana. 
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