Eco Atlantic Oil & Gas CEO "extremely optimistic" with company's prospects in Guyana, SA and Namibia

About this update from Eco (atlantic) Oil & Gas Ltd.

[{"type":"text","content":"Eco Atlantic Oil & Gas CEO \"extremely optimistic\" with company's prospects in Guyana, SA and Namibia\n \n \n (NewsDirect)\n \n \n \n \n Eco (Atlantic) Oil & Gas Ltd CEO Gil\nHoltzman joins Proactive's Stephen Gunnion with an update on the\ncompany's projects offshore Guyana, Namibia and South Africa.\n \n \n Holtzman noted that Eco has added\nto its sizeable stake in the Orinduik Block, offshore Guyana, after\nbuying out exploration partner Tullow Oil. It comes after previous\nwells on the block failed to deliver a discovery but significantly, a\nsubstantial portion of the block’s prospectivity remains untested.\n \n \n In particular, the type of\nexploration play that yielded Exxon’s massive nearby discoveries has\nyet to be drilled in this neighbouring acreage, as under Tullow’s\noperatorship the partner previously went after alternative targets.\nEco now intends to re-partner and go after these already de-risked\nprospects.\n \n \n Holtzman also provided\ndetails of the latest developments on the company's acreage\npositions in South Africa’s Orange Basin and the Walvis Basin off\nNamibia.\n \n \n Eco is actively involved in\nthe global energy transition and aims to deliver material value for\nits stakeholders by exploring for hydrocarbons in some of the most\nprolific petroleum basins around the world.\n \n \n Eco aims to deliver\nmaterial value for its stakeholders through its role in the energy\ntransition to explore low carbon-consuming oil and gas in stable\nemerging markets near infrastructure.\n \n \n \n Contact\nDetails\n \n \n \n Proactive UK Ltd\n \n \n +44 20 7989 0813\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2194,"tagName":"div"}]

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