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.

TSXV:EOG - Post by User

Eco (Atlantic) Oil & Gas Ltd

<< Previous

Bullboard Posts

Next >>

(77)
•••

Comment by argaivon Jun 07, 2025 2:39pm

143 Views

Post# 36601430

RE:Hair cut time

There can be delays based on companies looking at other results in adjacent areas from other firms, and taking the time to determine where to drill next. These oil wells are not cheap. It seems like something might happen in Block 1 off of South Africa first. We had a chance had Exxon Mobil hit on the Canje block off of Guyana. The Gazania well failed to deliver.

<< Previous

Bullboard Posts

Next >>

Progressing Canada’s Great Atlantic Salt Project towards production