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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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(316)
•••
Timberdoodle
X
Comment by
Timberdoodle
on Mar 07, 2024 6:53pm
RE:Whilst Africa is the current Focus, this news is of Guyana
Might be Huge indeed they will hit light oil in Orinduick in a not too distant future & a sure bet would be to drill the extension of Exxon Hammerhead discovery....
(13)
•••
Cooper97
X
Post by
Cooper97
on Mar 07, 2024 8:41am
Whilst Africa is the current Focus, this news is of Guyana
My focus has been on Africa for the past few years having written off Guyana since Jethro and Joe, although a Proactive Article regarding Guyana did get my attention this morning. https://www
...more
(31)
•••
papaloapan
X
Comment by
papaloapan
on Mar 07, 2024 6:46am
RE:RE:RE:RE:RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
Yes, and no one else owns more than 6%. Aside from their indirect ownership through Eco, they also own directly 26% of the concession,and are operators of the concession. The point is that
...more
(24)
•••
bdogg
X
Post by
bdogg
on Mar 06, 2024 2:42pm
Volume
Over 3 million shares traded today. 10 times the average volume.
(178)
•••
GripnRip
X
Post by
GripnRip
on Mar 06, 2024 2:11pm
full carry in costs 3B/4B Farm in
Eco will also receive a full carry of its 6.25% retained share of all JV costs, up to a cap, repayable to TotalEnergies and QatarEnergy from production, which is expected to be adequate to fund the
...more
(5)
•••
grantoue
X
Post by
grantoue
on Mar 06, 2024 11:54am
Value
It should effectively add 36 million to the value of the company. 10cents a share
(81)
•••
IceDog13
X
Comment by
IceDog13
on Mar 06, 2024 11:07am
RE:RE:RE:RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
AOI has a 17% stake in EOG. That hardly makes them "effectively the owner".
(31)
•••
papaloapan
X
Comment by
papaloapan
on Mar 06, 2024 10:34am
RE:RE:RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
And what does Holzman have to do with this ? AOI is effectively the owner of both EOG and 3B/4B.
(4)
•••
mba123ccu
X
Post by
mba123ccu
on Mar 06, 2024 8:15am
Farmout Agreement in SA
Eco (Atlantic) Oil and Gas Ltd Announces Block 3B/4B Farm In - TotalEnergies & QatarEnergy Good news, waiting for this to materialize in Guyana.
(0)
•••
PressRelease
X
Post by
PressRelease
on Mar 06, 2024 2:01am
New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Block 3B/4B Farm In - TotalEnergies & QatarEnergy
Strategic Farm down in Block 3B/4B Orange Basin South Africa to TotalEnergies and QatarEnergyTORONTO, ON / ACCESSWIRE / March 6, 2024 /Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO),(TSXV:EOG), ("Eco") the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia,...
read article.
(13)
•••
Cooper97
X
Comment by
Cooper97
on Mar 01, 2024 11:35am
RE:RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
Could this be as simple as Gil Holzman asking for too much? When I got in decades ago the upside was pegged at CAD $3.50, which I'd take in a heartbeat this morning.
(42)
•••
Lonegaurdian19
X
Comment by
Lonegaurdian19
on Mar 01, 2024 8:13am
RE:New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
Welp, nothing new. Gil needs to get a farmout asap, that is his only job. This is getting old paying him to fail to deliver
(0)
•••
PressRelease
X
Post by
PressRelease
on Mar 01, 2024 2:02am
New Press Release - Eco (Atlantic) Oil and Gas Ltd Announces Unaudited Results and Corporate Update
Unaudited Results for the three and nine months ended 31 December 2023 Corporate and Operational UpdateTORONTO, ON / ACCESSWIRE / March 1, 2024 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to...
read article.
(1)
•••
rionel
X
Comment by
rionel
on Feb 27, 2024 11:40pm
RE:Quarterly results end of Feb
What happened to the whole "maximize value for stock holder" thing?
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