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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 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.


TSXV:EOG - Post by User

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  • Lonegaurdian19X
Post by Lonegaurdian19on Jun 07, 2025 3:30am
170 Views
Post# 36601102

Hair cut time

Hair cut timeWHEN, not if, we lose the Guyana block I seriously hope Gil and staff cut their salaries by half.

An annual review of what they actually do is important. This company finds land, runs seismic ( pays someone to do that) then gets governmental approval.

So their ownly real job is finding partners. No partners no job? I'd love to work for them and promise "when we find a partner it'll be an elephant" for years while playing games on the computer and collecting a six-figure salary.

Gil needs to step up immediately or step down
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