SOUTH AFRICA: Eco Atlantic Completes Farm Down in Block 3B/4B to TotalEnergies & QatarEnergy

Eco (Atlantic) Oil & Gas has announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa and Transfer of Operatorship of the Block … Read More

SOUTH AFRICA/ NAMIBIA: Eco Atlantic Reports Transaction with Africa Oil Corp

Eco (Atlantic) Oil & Gas has announced it has signed an Assignment and Share Cancellation Agreement with Azinam Limited, Eco’s wholly owned subsidiary, Africa Oil Corp. pursuant to which Azinam has agreed to … Read More

SOUTH AFRICA: TotalEnergies , QatarEnergy Acquire Participating Interest in Block 3B/4B Assumes Operatorship

TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary … Read More

SOUTH AFRICA: Eco Atlantic Awards EIA Contract Ahead of Proposed Offshore Exploration in Block 3B/4B Orange Basin

Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa .  The Joint Venture (JV) … Read More

SOUTH AFRICA: Africa Oil Announces New CPR for Prospective Resources in Block 3B/4B, Orange Basin

Highlights Africa Oil Chief Executive Officer, Keith Hill, commented on the statement of reserves: “Africa Oil is at the forefront of the exciting appraisal and exploration activities in the Orange Basin, … Read More

Africa Oil Provides its Full-year 2022 Production Results

Full-year 2022 production rates are in line with the mid-point of 2022 Management Guidance range. Prime recorded an average daily working interest production of approximately 23,500 barrels of oil equivalent … Read More

SOUTH AFRICA: Eco Atlantic Receives Government Approval & Closing of the Acquisition of Additional Interest in Block 3B/4B

Eco Atlantic  announces an update, further to its announcement of 27 June 2022, in relation to the acquisition by its wholly owned subsidiary Azinam Limited (“Azinam“) of an additional 6.25% Participating Interest in Block 3B/4B, offshore South … Read More