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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 Dec 05, 2023 12:52pm
183 Views
Post# 35769339

The People Of Guyana

The People Of GuyanaAre predominantly black, and Venezuelans seem to be more Hispanic.  The people of Guyana ought not be ruled by their patheti neighbors who cannot even run their own country well  Venezuela could have probably cared less about that area until oil was finally discovered in large quantities.

Is Venezuela going to reimburse Crystallex after their gold property was taken from them.  People are fleeing Venezuela and coming over the US border by the thousands.  Venezuela is probably wanting to take over the oil fields and then they will parter with a Chinese firm.

I am not sure about long standing disputes between the US and Venezuela, but they can pay everyone back for the money that has been invested and spent so far.  If not then level the whole nation.
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