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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Eco (Atlantic) Oil & Gas Ltd

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Post by Cooper97on Jul 15, 2024 4:00pm

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Post# 36133535

Buy Backs, Really?

There is no reason why this stock is stagnating save for the usual summer doldrums - on the TSX at least. But, no one has brought up the Eco/Israeli connection meaning while we are listed in in Canada and GB the management of Eco is Isreali - which is one of the reasons this punter got in years ago and remains a believer. However - the sit-ins in Canada for example, may make anything affiliated with Isreal a political liability these days. Are we suffering the consequences, might be worth discussing. Btw, I posted this on a Brit board and it never made it past the censors! So what is so PC incorrect about this post and will it see the light of day over here.

GLA

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Progressing Canada’s Great Atlantic Salt Project towards production