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Bullboard - Stock Discussion Forum
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 5.25% 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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Bullboard (TSXV:EOG)
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(708)
•••
a2bman
X
Comment by
a2bman
on May 27, 2024 10:55am
RE:NCIB are waste of shareholder $$$
getagrip - you really dont know how ncibs work. They cant tick up the price, all they can do is take out people selling. Nobdy uses it to get options in the money, they could just give
...more
(178)
•••
GripnRip
X
Post by
GripnRip
on May 27, 2024 10:31am
NCIB are waste of shareholder $$$
Only reason mngmt wastes shareholder $$ on NCIB is to get their options into the money....'cuz they have been unable to grow the company. If NCIB's worked, AOI would be $5 instead of $2.50
...more
(42)
•••
Lonegaurdian19
X
Post by
Lonegaurdian19
on May 25, 2024 5:17pm
Why not file for a buyback
If they file they don't necessarily have to execute it. The way I see it ECO is due roughly $7million upon the transactions completion. I don't see them having many expenses (maybe seismic in
...more
(119)
•••
Harel1976
X
Comment by
Harel1976
on May 25, 2024 11:17am
RE:Back to Wheelin and Dealin
orinduik should be drilled by 2026 and namibia blocks have been extended to 2031/2, so no problems in regard to timelines.. 3b/4b is farmed out and carried so no worries from that front.. eco is an
...more
(42)
•••
Lonegaurdian19
X
Post by
Lonegaurdian19
on May 24, 2024 5:03am
Back to Wheelin and Dealin
I truely do respect Gil but I think he needs to do two things: 1. Stop overselling and using "current negotiations" and simply let us know how long the liscenses have before commitments are
...more
(125)
•••
Ebenizer3
X
Post by
Ebenizer3
on May 22, 2024 9:33am
Step in the right direction...curiosity of Harel1976...
••• Post by Harel1976on May 22, 2024 8:22am 11 Views Post# 36051515 Steady progress in south africa "South Africa’s ruling African National Congress and the Democratic Alliance
...more
(13)
•••
Cooper97
X
Post by
Cooper97
on May 22, 2024 5:57am
World Oil Namibia Article
https://worldoil.com/news/2024/5/21/exxonmobil-shell-weighing-bids-for-galp-energia-s-major-mopane-oil-discovery-offshore-namibia/?oly_enc_id=7132C2727501G1B
(29)
•••
dat51or
X
Comment by
dat51or
on May 18, 2024 4:04pm
RE:RE:Namibia farmout speculation - Exxon?
Thx for that info. dat
(125)
•••
Ebenizer3
X
Comment by
Ebenizer3
on May 17, 2024 7:37pm
RE:Namibia farmout speculation - Exxon?
The drilling is the Namibe basin on the Angola side, ExxonMobil also holds blocks on the Namibia side. https://www.rigzone.com/news/wire/angola_says_exxon_poised_for_15b_namibe_basin_investment
...more
(29)
•••
dat51or
X
Post by
dat51or
on May 17, 2024 4:50pm
Namibia farmout speculation - Exxon?
https://www.theglobeandmail.com/business/international-business/article-namibia-targets-first-oil-production-from-totalenergies-venus-field-in/ Exxon drilling in Namibia in 2025? I'm wondering if
...more
(178)
•••
GripnRip
X
Post by
GripnRip
on May 16, 2024 12:12pm
quietly trickling higher....
After a rapid ascent, EOG decended to base camp to aclimatize, catch a breather and now is back in ascend mode Would be a nice time for a juicy NR or 2....Guyana and Namibia...free carry
...more
(178)
•••
GripnRip
X
Post by
GripnRip
on May 14, 2024 3:56pm
Look who is #3 offshore acreage
Check out slide 3 https://cdn-ceo-ca.s3.amazonaws.com/1j3tne4-Namibia_deepwater_the_worlds_hottest_exploration_play_email.pdf
(215)
•••
farml1234
X
Post by
farml1234
on May 10, 2024 9:42am
Do i see a big trade already today
over a million shares bought jmho
(42)
•••
Lonegaurdian19
X
Comment by
Lonegaurdian19
on May 07, 2024 7:09pm
RE:RE:RE:RE:Hypothetical
Sounds like we found a good Proxy voting group lol
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