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 > Whats the verdict on Guyana?

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Comment by Cooper97on Jan 11, 2022 10:56am

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Post# 34303539

RE:Whats the verdict on Guyana?

Guyana is solid, Tullow is the stumbling block, but look to Total or somebody else to take control of Orinduik this year. The purchase of the Azinam Group is an example of what Gil Holzman does best, ie, using paper for leverage in acquiring good prospects. One of these days he may end up wearing one of those hats he swears he doesn't look good in. After ten years I'm still holding.in the belief that he won't let us down.

Happy New Year!
Oil&Gold1/resourceful

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