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 argaivon May 05, 2025 8:46pm

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Post# 36562227

There Are Now A Total Of 52 Oil Discoveries

In offshore Guyana. Exxon Mobil has made 46 of therm in the Stabroek block. I am kind of surprised that the almost 90% of the discoveries have been made by Exxon Mobil in that one area. They have come up empty handed in the Canje block uip to this point.

I am not a petroleum engineer, but it seems odd that most of the oil is in one block. Come on you darn petroleum geos. There has to be some oil somewhere else in offshore Guyana.

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