Friday, December 05, 2014 3:33:52 AM
HRT could be interested in farming into Eco's Blocks offshore Namibia.
Also with a Market Cap of only US$13.5MM Eco could be on the Radar for a potential Take Over or Merger.
(Colin Kinley, Chief Operating Officer of Eco Atlantic)
www.ecooilandgas.com/news/index.php?&content_id=91
"Importantly, we received approval to tie this survey into the recently drilled wells of our neighbors, HRT, enabling both HRT and ourselves to better understand the basin. We engaged the same ship and crew to complete this work and we benefited from Azinam’s field management. Our confidence in establishing a resource is increasing as we progress the Exploration"
I really like the fact Companies are working together offshore Namibia to get a clearer picture how to read the Seismic and find the proper Reservoirs with (commercial) Light Oil.
GLA
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