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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 6.25% 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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TSXV:EOG - Post Discussion
Eco (Atlantic) Oil & Gas Ltd
> Not long now........
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(110)
•••
Proselenes
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Post by
Proselenes
on Sep 15, 2022 9:45am
Not long now........
About 12 more days sailing, then the
#ECO
rig as at the Gazania-1 location and spudding asap.
#EOG
@EcoAtlantic_OG
#oil
#oilandgas
#oott
#SouthAfrica
$EOG
$ECAOF
#OTC
(81)
•••
Lonegaurdian19
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Comment by
Lonegaurdian19
on Sep 15, 2022 12:37pm
I am kind of shocked the market hasn't taken notice. I like the geology, and results will no doubt be leaked. This area is kind of binary as opposed to a true wild cat, if they hit they are basically proving volume on an updip of a previous discovery. So, knowing it's light sweet previously, they are more testing the trap and volume. That is extremely low risk in terms of unknowns post
...more
(1)
•••
rionel
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Comment by
rionel
on Sep 15, 2022 1:41pm
Two days ago it was reported: From presentation - AfricaOil are expecting the rig to be on site and drilling within 10 days.
Thank You
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