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 > AFE confirms Gazania spud in September

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Comment by IceDog13on Jun 02, 2022 11:11am

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Post# 34726545

RE:RE:RE:RE:RE:RE:RE:RE:RE:AFE confirms Gazania spud in September

Sorry, I couldn't resist.

Great to see they are done with Dana. Gil must have known this was coming and is why he stated they are ahead of schedule. 90 day program finished in 60, and no options excersised. Hopefully they can finish up the Petrofac contract as efficiently and start moving to SA!

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Two micro-cap stocks with strong fundamentals