Eco (atlantic) Oil & Gas Ltd. · TSXV:EOG
Eco (atlantic) Oil & Gas — Investor Presentation (July 2024)
12 slides from Eco (atlantic) Oil & Gas's investor presentation, July 2024
Slide 1: A High Impact Exploration company in world class basins
A High Impact 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’s Strong Board and Management Team
Eco Atlantic’s 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 gl
Slide 4: Eco Atlantic’s Offshore Exploration Portfolio
Eco Atlantic’s Offshore Exploration Portfolio 2024 to be a year of transactions and partnerships in preparation for high impact drilling activity Guyana – Orinduik & Canje Blocks South Africa – Block 1 & Block 3B/4B Offshore Namibia – Cooper, Guy, Tamar & Sharon 1B – WI 75%2 Operator Eco Atlantic Or
Slide 5: 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: 60% Operated interest in Orinduik Block, Nov’23 • Eco Operates and holds 100% WI of Block and is actively engaged in farmout process to drill a well with potential partners into the Cretac
Slide 6: Substantial stake in Walvis and Orange basins offshore W Africa
Substantial stake in Walvis and Orange basins offshore W Africa Eco | Orange Basin O&G Block 1 Acquisition of 75% WI by Eco NAMCOR | Chevron (CNEL) PEL082 Chevron signs Farm-out agreement with Namcor for 80% Operated WI Africa Oil | Eco | Ricocure Block 3B/4B Farmout to TotalEnergies & QatarEnergy E
Slide 7: Non-stop Farmout and Exploration activity in the Orange Basin
Non-stop Farmout and Exploration activity in the Orange Basin 6 1 6 Galp | Custos | NAMCOR TotalEnergies| QatarEnergy| Impact Block 2813A, PEL083 5 10 Mopane-1X & Mopane-2X light Oil Discoveries Blocks 2912 & 2913B 8 Venus-1A, 1X & Mangetti light oil Discoveries ~10BnBoe Multi-well appraisal underwa
Slide 8: Offshore Guyana – Drilling the Cretaceous in Orinduik Block
Offshore Guyana – Drilling the Cretaceous in Orinduik Block Strategic exposure directly adjacent to prolific 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
Slide 9: Offshore Guyana – Cretaceous Drilling targets in Orinduik Block
Offshore Guyana – Cretaceous Drilling targets 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
Slide 10: Offshore Namibia: Significant strategic position in Walvis Basin
Offshore Namibia: Significant strategic position in Walvis Basin 28,593km2 Eco has 4 large Operated blocks with multiple play types inc. Albian and Cretaceous fans License Name License No. Block Size Block reference Basin Working Interest Cooper PEL97 5,788 Km2 Block 2012A Walvis Operator - 85% WI S
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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