TSX-V : EOG   Last Price: 0.43   Change: -0.02   Volume: 32000   Details (+)

Company Profile

Eco (Atlantic) Oil & Gas (TSX-V: EOG) is an integrated oil and gas exploration company focused on the bourgeoning petroleum opportunity in Namibia.

Company Highlights

A New Emerging Oil and Gas Company

  • Publicly - traded on the TSX.V under EOG, and NSX: EOG
  • Second largest acreage holdings in Namibia

Excellent Growth Potential

  • 3 offshore licenses located in the Prospective Walvis Basin covering over 25,000km2 resource potential over 18 billion barrels
  • Two onshore licenses covering over 30,000km2  (7,413,000 acres) with shale & coal bed potential

Advanced Exploration Program

  • 2D Seismic data acquired on all offshore blocks from TGS NOPEC & Western Geco
  • NI 51-101 Resource Report on Cooper License block (P50) Best Estimate of 1.15 billion barrels of prospective oil
  • NI 51- 101 Resource Report on Sharon License block (P50) Best Estimate of 7.79 billion barrels of prospective oil
  • NI 51- 101 Resource Report on Guy License block (P50) Best Estimate of 9.2 billion barrels of prospective oil
  • Total of 18 billion barrels (Net 12.74Bbl) prospective oil
  • 3D Seismic program to commense 2012

Highly Experienced Team

  • Excellent blend of experience in capital markets and African oil & gas  & finance
  • Impeccable deal execution track record & well established local networks

Stable & Mining Friendly Democracy With World-class Infrastructure