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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 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.


TSXV:EOG - Post by User

Post by dat51oron May 18, 2022 3:46pm
237 Views
Post# 34693433

Energy Voice: info on August/Sept drill at Gazania

Energy Voice: info on August/Sept drill at GazaniaCredit to Harel on LSE.

https://www.energyvoice.com/oilandgas/africa/decom-africa/412763/mauritania-petrofac-tullow-maersk/

Rig moves

Maersk Decom signed up the Island Innovator rig in December 2021. Rig owner Island Drilling said it expected the decommissioning work would take 75 days. Following this, the rig will return to the North Sea.

The rig is also due to go to South Africa to drill the Gazania-1 well. Eco Atlantic CEO Gil Holzman, speaking this week at the Africa Energies Summit, said the rig would come available a little earlier than expected and was now due to spud in late August or early September.


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