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Bullboard - Stock Discussion Forum 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... see more

TSXV:EOG - Post Discussion

Eco (Atlantic) Oil & Gas Ltd > Our Working Interest In Canje Block
View:
Post by argaiv on Apr 15, 2024 9:25pm

Our Working Interest In Canje Block

Is only 1.3% of the block.  Oh well here is to 10 billion barrel discovery!
Comment by gunnar on Apr 17, 2024 11:22am
Our effectiv interest, we are carried through our ownership.
Comment by chulo123 on Apr 17, 2024 11:39am
As I understand JHI has got 17.5% interest in canje block. EOG has got till 10% of JHI and actually has 7.5%, = 1.3125% indirect canje block ownership. I do not know if Gil has been doing any work  to fill up to 10% of JHI, wich could give us a maximun of 1.75% 
Comment by mba123ccu on Apr 17, 2024 1:18pm
I think you are correct, that's the way I interpret it too. Hope this helps.   www.ecooilandgas.com/projects/guyana/#canje-block
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