Toronto, Ontario - Eco Oil & Gas Ltd. , the independent oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce that, through its wholly owned subsidiary Pan Africa Oil Namibia Holdings Ltd. , it has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd from Amis Oil and Gas Ltd . Following completion of the Acquisition, PAO Namibia will be [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Total E&P Activités Pétrolières, a wholly owned subsidiary of Total Petroleum SA , has exercised its option to acquire a 25% Working Interest in the Orinduik Block, offshore Guyana, from Eco Atlantic Inc., a wholly owned subsidiary [...]
Eco Oil & Gas the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Gustavson Associates LLC of Boulder, Colorado has prepared a Competent Persons Report for the AIM Market of the London Stock Exchange along with a NI 51-101 report for the TSX Venture Exchange. This CPR is the first on Eco Atlantic's Orinduik Block , Offshore Guyana. The [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Gustavson Associates LLC of Boulder, Colorado has prepared a Competent Persons Report for the AIM Market of the London Stock Exchange along with a NI 51-101 report for the TSX Venture Exchange. This CPR is the first on Eco Atlantic's Orinduik Block [...]
Toronto, Ontario - From Guyana today, on ExxonMobil Corporation 's Stabroek Block, Exxon and Hess Corp. have announced a new oil discovery of 60 metres of net pay of high-quality, oil-bearing sandstone reservoir in the Hammerhead-1 well. Exxon's Hammerhead-1 oil discovery is located approximately 7km from Eco's Orinduik licence boundary, where Eco and Tullow are partners . This well has very positive implications for Eco [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce its unaudited results for the three months ended 30 June 2018 and provide a corporate and operational update. Click on, or paste the following link into your web browser, to view the associated PDF document [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in South America and Africa, announces the dates for public meetings to discuss the Environmental Clearance Certificate application required for the grant of a drilling permit for an exploration well within its Osprey Prospect on its Offshore "Cooper" Block in the Walvis Oil Basin in Namibia. Eco has [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce that it has been granted a one-year extension to 20 March 2019 for the First Renewal Period of the PEL50 licence covering its offshore "Tamar" Block, located in the 22,500 km2 Walvis Oil Basin in North Central Namibia, by the Namibia Ministry of Mines [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to note the announcement by ExxonMobil Corporation in relation to its eighth discovery offshore Guyana and provide an update on its operations in the region. Eco notes an announcement made by ExxonMobil Corporation in relation to its eighth significant oil [...]
Eco Oil & Gas is pleased to provide an update on the processing and interpretation of its recently acquired 2,550 sq km of 3D seismic on the Company's Orinduik Block, offshore Guyana. As previously announced, Eco's partner and Block Operator Tullow Oil, contracted PGS Geophysical in the UK to process the data acquired for the partnership by Western Geophysical. Eco has recently received the latest set of deliverables in [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, notes the announcement made by ExxonMobil Corporation in relation to its seventh oil discovery, offshore Guyana. The Pacora-1 discovery is the closest discovery to date to the Orinduik Block. Eco currently holds a 40% Working Interest in the Orinduik Block. Pacora-1 [...]
Toronto, Ontario - Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to announce its unaudited results for the three and nine months ended 31 December 2017. Financial Highlights: · Through the Company's subsidiary, Eco Atlantic Inc. , we entered into an option agreement that provides Total E&P Activités [...]