Eco (Atlantic) Oil & Gas Ltd V.EOG

Gazania-1 going to spud early ???

[Proselenes]

The extremely attractive Gazania-1 appraisal drill in the Orange Basin looks like it might he happening sooner.

https://www.africaintelligence.com/oil--gas_exploration-production/2022/06/21/eco-atlantic-picks-up-speed-on-drilling-block-2b,109793756-bre

Eco Atlantic picks up speed on drilling Block 2B

The semi-submersible Island Innovator drilling unit owned by Norwegian company Island Drilling, will be available earlier than planned to drill the Gazania-1 well on South Afri.......................

[Proselenes]

Its 45 days sailing from the North Sea, so we could be looking at August spud now for Gazania-1. 30 days drilling time including running logs.....so very possible now we are looking at September for well results.

[Lonegaurdian19]

Pretty close to what they just released, they are also being quite due diligent with the locals in SA. They were permitted and good to go but local goodwill goes a long way in potential issues down the road. I took a look at the previous SP when we were targeting Jethro @15% targeting 100 Mil barrels. When it hit Eco was well above $1 usd. I will however stock to my previous analysis. One thing