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 > No trading

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Comment by IceDog13on Jun 25, 2021 10:29am

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Post# 33450071

RE:No trading

Toucan1234 wrote: Why is there no trading on this stock

The short answer is, because nothing is happening right now. The stock will probably stay fairly dormant until a drill plan is announced. Eco recently stated they "should" be announcing drill targets in the third quarter with a plan to drill in 2022. The moment the announce a plan the share price will then see some action and start to move north. I'd guess we have until mid August, maybe September to accumulate these cheap shares.

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