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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 Dave4444on Feb 18, 2020 4:15pm
153 Views
Post# 30704888

RE:Old Style Penny Stock Rumors

RE:Old Style Penny Stock Rumors
Maybe rumor, maybe not.  I have been out of the stock waiting to see when the next drilling was going to occur.  But since someone was willing to sell to me at the end of the day at 60 cents, I just had to buy some.  If some good news exists, then I now own some shares, but if it was just someone making a mistake, then at least I own some cheap shares that are likely to result in profits once drilling is announced.
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