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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 Feb 09, 2024 10:39am
366 Views
Post# 35872248

Eco mentioned in article

Eco mentioned in articleEco is identified as a Total partner in this article, which also noted drilling in 3b 4b.
Imo it's a bit confusing.

Given the immense extent of the Orange basin, with major oil discoveries in the central and northern areas, the southern third of the basin will soon come into focus. TotalEnergies, with partners AOC, Eco, Qatar energy, Ricocure, Sezigyn and others, have a 3 to 5 well wildcat programme planned across their impressive acreage portfolio from the Namibia / RSA border to the existing discoveries at Brulpadda in South Africa. The main focus will be large Orange Basin Cretaceous targets in Blocks 3B/4B, Deep Western Orange Basin, and SW Deepwater Orange Basin.

https://geoexpro.com/new-light-oil-discovery-draws-attention-away-from-the-orange-basin-central-axis-to-northern-promise/
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