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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

Post by argaivon Jun 28, 2023 2:02am
270 Views
Post# 35517811

And The Winner Is Cooper97

And The Winner Is Cooper97We are down to your buy range.  It might even dip lower.  A lot of people are talking about a major recession.  Oh well patience wins.  If we finally hit some damn oil then we all win.  One poster said EOG is nothg but a hope and a prayer.  This was on the AOI.to board over a discussion between a merger of AOI and EOG.  I am sure there are commercial hydrocarbons on one of their blocks, but finding it is the trick.
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