Eco (atlantic) Oil & Gas Ltd. · TSXV:EOG
Eco (atlantic) Oil & Gas — Investor Presentation (March 2024)
12 slides from Eco (atlantic) Oil & Gas's investor presentation, March 2024
Slide 1: A proven exploration company in world class basins
A proven exploration company in world class basins Eco Atlantic Company Overview 2024
Slide 2: Disclaimer
Disclaimer IMPORTANT NOTICE The information contained in this presentation (this "presentation") has been prepared by Eco (Atlantic) Oil & Gas Ltd ("the Company") as at the date of this presentation and is subject to updating, completion, revision, further verification and amendment without notice.
Slide 3: Eco Atlantic Group Overview
Eco Atlantic Group Overview • An oil and gas exploration company focused on exploration of Share Ownership(1) upstream petroleum opportunities in stable jurisdictions Africa Oil Corp. • Materially de-risked, prospective high impact exploration assets Fidelity Management & Research 14.8% offshore in
Slide 4: Strong Board and Management Team
Strong Board and Management Team Significant experience in establishing, growing, financing and monetizing energy companies across Africa and S. America Gil Holzman (President & Chief Executive Officer) Peter Nicol (Non-Executive Chairman) • Gil has over 25 years’ experience in the global mining and
Slide 5: Eco Atlantic's Offshore Exploration Portfolio
Eco Atlantic’s Offshore Exploration Portfolio Expect 2024 to be a year of partnerships in preparation for high impact drilling activity Guyana – Orinduik & Canje Blocks South Africa – 2B & 3B/4B Blocks Offshore Namibia – Cooper, Guy, Tamar & Sharon Orinduik – Eco WI 100%1 Operator Eco Atlantic1 2B –
Slide 6: Eco's Unique Positioning in Guyana-Suriname and Orange Basins
Eco’s Unique Positioning in Guyana-Suriname and Orange Basins Orinduik Block – Q4 2023 • Completed acquisition of Tullow’s 60% Operated interest in Orinduik Block, Nov’23 • Eco Operates and holds 100% WI of the Orinduik Block • Actively engaged in farm out process seeking partners for up to 80% WI t
Slide 7: Non-stop Exploration activity in the Orange Basin
Non-stop Exploration activity in the Orange Basin 1 4 4 TotalEnergies| QatarEnergy| Impact Galp | Custos | NAMCOR Blocks 2912 & 2913B 6 Block 2813A, PEL083 Venus-1A, 1X & Mangetti light oil 1 Mopane-1X light Oil Discovery Discoveries 5 Mopane-2X currently drilling Multi-well appraisal underway1 2 To
Slide 8: Offshore Guyana – Drilling the Cretaceous in Orinduik Block
Offshore Guyana – Drilling the Cretaceous in Orinduik Block Strategic exposure next to Stabroek Block Orinduik Block Summary: • 1,354km2 block, 170 km offshore Guyana, adjacent and up dip of Stabroek • Working petroleum system – two confirmed discoveries on the block (Jethro-1 & Joe-1 2019, L. and U
Slide 9: Offshore Guyana – Drilling the Cretaceous in Orinduik Block
Offshore Guyana – Drilling the Cretaceous in Orinduik Block Cretaceous sedimentary basin that extends from maritime Guyana to French Guiana – Proven marine shale source rocks – 3 proven reservoirs – Cretaceous Sandstones, Tertiary sandstones, and Cretaceous Carbonates – Traps are stratigraphic and s
Slide 10: Offshore Namibia – multiple play types in Walvis Basin
Offshore Namibia – multiple play types in Walvis Basin Significant acreage position – 28,593km2 Highlights in Namibia • Eco has 4 large Operated offshore blocks in Walvis Basin net Working Interest of 85%, with New Petroleum Exploration Licenses with re-set 10-year license terms granted (Feb 2021) •
Slide 11: High activity level with numerous catalysts in the next 18 months
High activity level with numerous catalysts in the next 18 months Indicative Operational Timeline – partnering ahead of exploration drilling and seismic operations Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Targets defined for 2 exploration wells TE/QE Farm-down Process South Africa – 3B/4B EIA Proce
Slide 12: Company Contact Information
Company Contact Information Gil Holzman Colin Kinley Alice Carroll Chief Executive Officer Chief Operating Officer Head of Corporate Sustainability gil@ecooilandgas.com colin@ecooilandgas.com alice@ecooilandgas.com Registered Office 7 Coulson Ave TSX-V: EOG LON AIM: ECO Toronto ON M4V 1Y3, Canada ww
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