(Eco (Atlantic), 14.Mar.2022) â Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXâV:EOG) signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc., including JHI’s 17.5% Working Interest (“WI”) in the Canje Block offshore Guyana (the “Acquisition”). Highlights · A proposed cashless acquisition, with a value of approximately $52mn […]
Tag: JHI Associates
Eco Atlantic Boosts Stake in Exxon Partner Offshore Guyana
(Proactive Investors, 19.Jan.2022) â Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG)Â increased its interest in JHI Associates Inc, a junior explorer offshore Guyana, which is partnered with Exxon in the Canje Block. AIM-quoted Eco bought 800,000 shares, worth around ÂŁ312,000, in JHI by exchanging 1.2mln new Eco shares. It takes Ecoâs […]
Partners Spud Sapote-1 Well In Canje Block
(Eco Atlantic, 31.Aug.2021) â Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSXâV: EOG) announced that the Sapote-1 well on the Canje Block, offshore Guyana has been spudded. Eco was officially informed today by its investee company, JHI Associates Inc., about the spudding of the well. The Sapote-1 well is […]
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 Says Jabillo-1 Well Shows Non-commercial
(Eco Atlantic, 5.Jul.2021) â Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSXâV:EOG) has received a detailed update from JHI Associates Inc. The Jabillo-1 well in the Canje Block, offshore Guyana, reached its planned target depth and was evaluated but did not show evidence of commercial hydrocarbons. Jabillo-1 will now be plugged […]
Eco Atlantic Reveals Investment In Guyana
(Eco Atlantic, 28.Jun.2021) â Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSXâV: EOG) closed a transaction with JHI Associates Inc., a private company incorporated in Ontario and headquartered in Toronto, Canada, for Eco to acquire up to a 10% interest in JHI (the ‘Transaction’) and to appoint Keith Hill, […]
Westmount Re-starts Drilling At Jabillo-1, Canje Block, Offshore Guyana
(Westmount Energy, 7.June.2021) â Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF) noted the announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will re-commence exploration drilling operations at the Jabillo-1 wellsite on the Canje Block, offshore Guyana on the 5 June 2021. Jabillo-1 is the […]
Bulletwood-1 Well Results, Jabillo-1 Ops Update: Guyana
(JHI, 16.Mar.2021) â Bulletwood-1, the first well in the Canje Block, was safely drilled in 2,846 meters (9,337 ft) of water by the Stena Carron drillship to its planned target depth of 6,690 meters (21,949 ft). Bulletwood-1 has confirmed our seismic interpretation of the geology and shown evidence of non-commercial […]
Exxonâs Bulletwood-1 Finds Non-Commercial Volumes
(Westmount Energy, 4.Mar.2021) â Westmount Energy Limited, the AIM-quoted oil and gas investing company focused on the Guyana-Suriname Basin reports that, further to its announcement on 2 March 2021, it has received a shareholder communication from its investee company, JHI Associates Inc., which confirms that the first well on the […]
Exxon Spuds Bulletwood, Offshore Guyana
(Offshore Engineer, 5.Jan.2021) â U.S. oil major ExxonMobil has reportedly started drilling at the Bulletwood-1 well site on the Canje Block, offshore Guyana. The news was shared Tuesday by Westmount Energy, an indirect partner in the Canje Block. Westmount owns an indirect interest in the Canje Block as a result […]
JHI And Mid-Atlantic Verify Details Of Canje Block In Guyana
(JHI Associates, 1.Jun.2019) â JHI Associates, Inc. and Mid-Atlantic Oil & Gas, Inc. (MOGI) provided details concerning award of the Canje Block offshore Guyana in 2015. As a statement of record, the block was awarded on March 4, 2015, using the standard Guyana Model Production Agreement. The Liza-1 well on […]