Eco Atlantic is an oil and gas exploration company focused on the acquisition and development of unique upstream petroleum opportunities around the world. The Company's objective is to identify technically merited prospective new and developing projects in frontier areas requiring low cost entry. In Namibia through wholly owned subsidiaries, the Company currently holds interests, some carried by Tullow Oil and Azinam, in four offshore petroleum licenses covering more than 32,000 square kilometers in the Walvis and Lüderitz Basins, in close proximity to major blocks controlled by Repsol and Tullow Oil.
In Ghana, Eco Atlantic also holds and operates an interest in the Deepwater Cape Three Points West Deep Water offshore block, covering 944 square kilometers adjacent to Tullow's Jubilee Oil Field, which is producing in excess of 100,000 barrels of oil per day.
In Guyana, Eco Atlantic holds an interest in the 1,800 square kilometer Orinduik offshore block in close proximity to the Exxon Mobil Corporation's recently announced "Liza" discovery holding multi million barrels of oil .
Eco Atlantic enjoys strong local presence in the countries in which it operates and has a longstanding relationship with the energy and oil and gas sectors throughout Africa and other maturing exploration plays internationally.
Company Profile
- TSX-V LISTED OIL AND GAS EXPLORER: focused on offshore projects in politically stable and technically de-risked countries: Namibia, Ghana, Guyana
- QUALIFIED AND EXPERIENCED: Offshore Operator
- GUYANA: 40% Working Interest Owner of 1,800 km² Orinduik Block offshore Guyana, Tullow Oil 60% (Operator) located adjacent to the recent significant Exxon Liza discovery.
- NAMIBIA: Operator and Major Interest Owner of four prospective license blocks offshore Namibia (over 25 billion barrels of prospective resources) significant 3D and 2D Surveys and Interpretation completed
- GHANA: Operator and Majority Interest owner of Three Points West Block, close proximity Tullow Jubilee Field and recent discoveries by Hess, ENI, Lukoil and Tullow
- VALIDATION OF PORTFOLIO AND STRATEGY by attracting globally recognized oil & gas partners: Tullow Oil; Azimuth, NAMCOR, GNPC
- MANAGEMENT TRACK RECORD of successfully acquiring, developing, operating and selling resource assets in Africa and South America
Corporate Social Responsibility
Eco (Atlantic) Oil & Gas is committed to Namibia and the Namibian people
The company is committed to the sustainability and growth of Namibia. We strive to embed our everyday activities into the culture and economy as we realize our efforts affect the jurisdictions we operate in. The company has demonstrated its support for Local Namibian participation and since inception we continued to prove the importance of fostering social and economical development in addition to building a Local Namibian presence.
Local Namibian Presence
Eco Atlantic Oil & Gas was the first and only petroleum company to date to list on the Namibian Stock Exchange. The NSX listing enables the Namibian general public to take part in the oil and gas exploration success. In addition to the listing, the Company also opened a corporate headquarters in Windhoek and injected local Namibian work force, accounting and legal departments into the operations.
Funding our Future
Eco Atlantic is dedicated to fostering education for youth, providing a safe and productive education environment and giving the tools and resources needed to enhance learning. Namibian youth are our future, and providing them valuable skills and education will benefit the constant growth and prosperity of the Country.
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