Namibia soon ? Bit more on the horizon for ECO but from Namibia ?
Gazania-1 well update imminent (company making well)
South Africa 3B/4B farm out - imminent to a SuperMajor (likely free carry on 2 potential company making wells)
Guyana offshore drilling selection and update due year end (again company making wells)
And might we have some action in Namibia. ECO is the holder of the largest areas offshore Namibia and the Osprey prospect along is potentially neat 900 million recoverable barrels in size.....this from Namibia media below :
.........TotalEnergies recently announced it had discovered oil at the Venus well, while Shell reported finding oil at the Graff well in the Orange River Basin offshore Namibia.
Eco Atlantic Oil & Gas is looking for another funding partner for the Osprey prospect's drilling programme in the waters off Namibia, while Global Petroleum's Welwitschia Deep prospect, with an estimated 50% prospective resource volume of about 670 million barrels of oil, is also expected to be drilled in the next 15 to 18 months.................