Eco (Atlantic) Oil & Gas Ltd V.EOG

Alternate Symbol(s): ECAOF

Energy Oil & Gas E&P

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.

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Eco (Atlantic) Oil & Gas Ltd > Galp will drill in Q4. Will Eco Atlantic merger with Sintana

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Post by gunnaron Aug 08, 2023 10:53am

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Post# 35577465

Galp will drill in Q4. Will Eco Atlantic merger with Sintana

Wrote this on the London thread:

At the same time that M&P returns its license, Galp intends to drill in the area in connection with Shell's and Total's concessions.

https://www.offshore-mag.com/rigs-vessels/article/14293500/galp-books-odfjell-rig-for-two-wells-offshore-namibia

Also check Sintana Energys homepage. :-)

Rig is booked.

Sintana energy is carried in these drillings.

Wouldn't be surprised if Gil's plan is to do a merger with Sintana in order to get a well soon in a high interest area. (Shell's next drilling is against a target that goes into Galp's license.)