(Eco Atlantic, 25.Aug.2022) â Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX â V: EOG) announced its results for the three months ended 30 June 2022. In addition, the company is notifying the market of an investor event to be held on 19 September 2022, details of which can be seen below. Today’s announcement […]
Tag: Eco-Atlantic
Eco Atlantic Updates Resource Report on Assets in Guyana, Namibia and S. Africa
(Eco (Atlantic), 21.Mar.2022) â Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO, TSX â V:EOG) announced publication of an updated NI 51-101 compliant Competent Personâs Report (âCPRâ) on its assets Offshore Guyana, Offshore Namibia and Offshore South Africa. The CPR was compiled by WSP USA Inc., of Boulder Colorado, USA, an […]
Eco Atlantic Confident In Guyana Despite Jabillo-1 Setback
(ProActive, 5.Jul.2021) â Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon is now lining up its next drill plans. It comes as Exxonâs Jabillo-1 well exploration well was safely drilled down to its target depth of […]
Eco (Atlantic)âs Incentive Plan – Grant of RSUs
(Eco, 23.Aug.2019) â Eco (Atlantic) Oil & Gas Ltd. granted 3,000,000 Restricted Share Units to directors, officers and advisers, of which 2,900,000 are to existing Executives and Directors, pursuant to the company’s Restricted Share Units Plan (the “RSUs”) and in acknowledgment of the Company’s management’s recent achievements. The RSUs will […]
‘The More Operators In Guyanaâs Oil Fields The Better’
(Stabroek News, 20.Aug.2019) â Guyana is better off with more operators and countries involved in its oil fields, British High Commissioner to Guyana Gregory Quinn has said in wake of UK-based Tullow Oilâs recent offshore oil discovery. Tullow last week announced the discovery of oil in commercial quantities in its […]
Eco, Total, Tullow Spud Jethro-Lobe Offshore Guyana
(Eco, 5.Jul.2019) â Eco (Atlantic) Oil & Gas Ltd. announced that drilling operations have commenced offshore Guyana with the spudding of the first exploration well on its Jethro-Lobe prospect on the Orinduik Block. Jethro-Lobe was spud at 22:45hrs (Local Guyana time) on Thursday 4th July 2019 using the Stena Forth […]
Eco Reports Mobilization Of Stena Forth Drillship To Orinduik Block, Guyana
(Eco Atlantic, 10.Jun.2019) â Eco (Atlantic) Oil & Gas Ltd. announced mobilisation of the Stena Forth drillship which is now en route to Guyana from West Africa where it has been operating for Tullow. The drillship is expected to reach Eco’s Orinduik Block on or around 24 June 2019 and […]
Tullow Oil, Partners Exempted From Range Of Taxes In Guyana
(Stabroek News, 17.May.2019) â The National Assembly on Wednesday assented to tax concessions for the United Kingdom-headquartered Tullow Oil as well as its partners. âI humbly do my duty in seeking that this order be affirmed,â Finance Minister Winston Jordan, in whose name the order was laid, told the House […]
France’s Total Enters Orinduik Block Offshore Guyana
(OffshoreEnergyToday, 13.Sep.2018) â French oil major Total has exercised its option to acquire a 25 percent working interest in the Orinduik block offshore Guyana after a competent persons report identified potential for almost three billion barrels of oil equivalent. Eco Atlantic, a partner in the Tullow-operated Orinduik block, said on […]
Guyanaâs Oil Reserves Are Larger Than Expected
(OilPrice.com, Julianne Geiger, 23.Jul.2018) â Guyanaâs recoverable offshore oil reserves are larger than expectedâby almost a billion barrels, Hess Corp CEO John Hess said in a Monday press release. Gross discovered recoverable resources for Hessâs Stabroek Block has been revised upward to 4 million barrels of oil equivalentâup from the […]
ExxonMobil Reconfirms March 2020 for First Guyana Oil
(Denis Chabrol, DemeraraWaves, 12.Jun.2018) â ExxonMobil on Tuesday reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend off criticisms of the 2016 production sharing agreement. Vice President of ExxonMobil Development Company, Lisa Walters said work was well […]
Total Enters Prolific Guyana Basin With Three Licences
(Total, 5.Feb.2018) â Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block. These agreements come after entering into an option agreement for the nearby Orinduik Block. Subject to the approval of relevant authorities, Total will thus own exploration rights […]