OTC Bulletin Board

S & P Company Insight for ECCO ENERGY CORP

Business Summary: ECCO Energy Corp. develops, explores and produces oil and natural gas properties in the United States. The company owns a 69% working interest in the Wilson Lease, which is located in the Nueces County, Texas.
  3315 Marquart St Ste 206
  Houston , TX 77027-6027
  Phone: 713-771-5500
  Fax: 713-771-5556
  Website: http://www.eccoenergy.com
  Malone & Bailey
Transfer Agent
  Atlas Stock Transfer Co.
Employees:  2
ShareHolders:  233
Founded:  1989
Domicile:  Nevada

ECCO Energy Corp. develops, explores and produces oil and natural gas properties in the United States. The company owns a 69% working interest in the Wilson Lease, which is located in the Nueces County, Texas. ECCO Energy is based in Houston, Texas.
History:  Incorporated in Nevada in June 2006, as SEI Acquisition Corp., a wholly owned subsidiary of Samurai Energy Corp. (Parent). Adopted Parent's name following the merger July 12, 2006 with ECCO Energy Corp. (incorporated in Nevada Sept. 20, 2004) on the basis of one Common share of Parent for three Common shares of ECCO Energy. Name changed to ECCO Energy Corp. Sept. 1, 2006. Parent was incorporated in Delaware Aug. 2, 1994, as J.R. Bassett Optical, Inc.; and on Sept. 23, 1994, merged Optical Express, Inc., a Utah corporation. Name changed to Samurai Energy Corp. Nov. 28, 2005. Optical Express, Inc. was incorporated in Utah Mar. 8, 1989, as Bluefield Enterprises; name changed to Optical Express, Inc. July 14, 1992.


 Samuel M. SkipperChairman, President & Chief Executive Officer
 N. Wilson ThomasChief Financial Officer<Person> <FirstName>N.</FirstName> <MiddleName>Wilson</MiddleName> <LastName>Thomas</LastName> <Titles><![CDATA[Investor Relations Contact
 N. Wilson ThomasChief Accounting Officer<Person> <FirstName>Raymond</FirstName> <LastName>Ward</LastName> <Titles><![CDATA[Chief Operating Officer

 Samuel M. Skipper
 Raymond  Ward
 Annual Report

Annual Report
Income Statement
Cost &amp; exps.570587
Oper. income as calculated(101)(101)
Depr. &amp; depl.8396
Other exps.41--
Interest exp.1638
Net income(241)(235)
Share earns. basic($0.04)($0.03)
Share earns. diluted($0.04)($0.03)
Balance Sheet
Cash and cash equivalents802
Accts. rec.35--
Total current assets1152
Net property10,963789
Total assets11,079793
Curr debt. mat.70681
Accts. pay.83165
Tot. curr. liabs.913257
Other liabs.6341
Pfd. stk. p.$0.00121
Com. stk. p.$0.00199
Paid-in cap.10,821874
Retained earns.(730)(389)
Total liabs.11,079793
 * On July 12, 2006 Samurai Energy Corp. (?Samurai?), ECCO Energy Corp., (?ECCO?), and SEI Acquisition Corp., (?Samurai Sub?) completed the transactions contemplated by the Agreement and Plan of Merger (?Agreement?), dated June 30, 2006. Under the terms and subject to the conditions set forth in the Agreement and in accordance with Nevada Law, Samurai Sub merged with and into ECCO. As a result of the Merger, each three shares of ECCO common stock issued and outstanding converted into the right to receive one fully paid non-assessable share of Samurai common stock, the separate corporate existence of Samurai Sub ceased, and ECCO was the surviving corporation in the Merger. Samurai issued 1,415,999 shares to ECCO shareholders. After completion of the transaction, ECCO became a wholly-owned subsidiary of Samurai and Samurai merged with and into ECCO, for the sole purpose of reincorporating into Nevada. On August 28, 2006, the reincorporation became effective resulting in Samurai continuing its corporate existence in the State of Nevada under the name ECCO Energy Corp. The acquisition has been accounted for as a business combination between entities under common control similar to a pooling of interests.
 Interim Report

Interim Report   
Data Not Available
 Pro Forma Report

Pro Forma Report   
Data Not Available
 Quarterly Report

Quarterly Report Information   
Quarterly Revenue, US$
  2008   1120,000
  2008   2130,000
  2008   3100,000
  2008   480,000
  2008   Full Year 430,000
  2007   1130,000
  2007   2120,000
  2007   390,000
  2007   4140,000
  2007   Full Year 470,000
  2006   180,000
  2006   260,000
  2006   3120,000
  2006   4120,000
  2006   Full Year 490,000
  2005   4240,000
  2005   Full Year 240,000
  2004   4160,000
Quarterly Net Income, US$
  2008   1Nil
  2008   2Nil
  2008   3Nil
  2008   4Nil
  2008   Full Year (1,150,000)
  2007   1(30,000)
  2007   2(40,000)
  2007   3(50,000)
  2007   4(160,000)
  2007   Full Year (240,000)
  2006   120,000
  2006   2(30,000)
  2006   3(110,000)
  2006   Full Year (235,000)
  2005   Full Year 22,000
  2004   Full Year (8,000)
  2003   Full Year (10,000)
Quarterly EPS, US$
  2008   1(.03)
  2008   2(.04)
  2008   3(.05)
  2008   4(.10)
  2008   Full Year (.22)
  2007   1Nil
  2007   2Nil
  2007   3Nil
  2007   4(.03)
  2007   Full Year (.04)
  2006   1Nil
  2006   2(.02)
  2006   3(.01)
  2006   4Nil
  2006   Full Year (.03)
  2005   1Nil
  2005   2Nil
  2005   4.01
  2005   Full Year (.01)
  2004   2Nil
  2004   3Nil
  2004   4Nil
  2004   Full Year N/A
  2003   1Nil
  2003   2Nil
  2003   3Nil
  2003   4Nil
  2003   Full Year Nil
 Stock Data

Capitalization as of 03/31/2008:
 Authorized SharesOutstanding Shares
Common $0.001 par75,000,0009,399,754
Preferred $0.001 par10,000,0001,963,936so2
LONG TERM DEBT: $63,714.
Common $0.001 par
Stockholders:  03/01/2008, 233.
PRINCIPAL STOCKHOLDERS: March 1, 2008, Samuel M. Skipper owned and contolled 56.6% of the Common and Richard A. Bobigian 13.1%.
Transfer Agent:  Atlas Stock Transfer Co.   Murray , UT
OTC Bulletin Board( Primary): ECCE
OTC Bulletin Board20081.01000.0500
OTC Bulletin Board20071.58000.1500
Over The Counter20061.25000.1000
Over The Counter20050.10000.1000
DIVIDENDS: Common $0.001 par: None. Common $0.001 par was split 3-for-1, ex-Aug. 1, 2006.
  so2Closely held. Consists of 100,000 shares of Series A; 1,000,000 shares of Series B; 660,000 shares of Series C; and 303,936 shares of Series D.