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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 Proseleneson Jul 21, 2022 4:16am
312 Views
Post# 34839495

South Africa could host 291 Tcf of gas and 27 billion barrel

South Africa could host 291 Tcf of gas and 27 billion barrel
Gazania-1 spudding in 5 to 7 weeks time - Orange Basin - here we go.....


https://www.upstreamonline.com/exploration/south-africa-could-host-291-tcf-of-gas-and-27-billion-barrels-of-oil-government-official/2-1-1263141

 South Africa could host 291 Tcf of gas and 27 billion barrels of oil — government official

Petroleum Agency executive touts nation’s huge hydrocarbon onshore and offshore potential

20 July 2022 8:06 GMT Updated  20 July 2022 12:28 GMT
By Iain Esau in London

South Africa’s total prospective hydrocarbon resources amount to 291 trillion cubic feet of gas and 27 billion barrels of oil, according to the latest estimates from the country’s upstream regulator................

.............The promising Orange basin offshore the west coast could house 22 Tcf of gas and 16 billion barrels of oil, while the potential offshore the east coast could be 8 Tcf of gas and 2 billion barrels of oil................


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