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.

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Eco (Atlantic) Oil & Gas Ltd

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Comment by TripleR44on Dec 17, 2019 12:01pm

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Post# 30463945

RE:AFRICAN BILLIONAIRE SWOOPS IN AND UPS THE ANTE FOR LARGER

You mean like Billionaire, Seymour Schulich piling in on Pengrowth. He go destroyed by debt and incompetent management. Tullow got hammered because the debt and falling production which equals bankruptcy risk. Billionaires are not immune to DUMB investing. The difference is they can live to fight another day.

Google Eike Batista, from world ranked richest man to prison and broke in Brazil. Follow the smart/dumb money at your own peril.

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