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: 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: 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

SOUTH AFRICA: Eco Atlantic announces Commencement of Operations on the Gazania-1 well

Eco Atlantic has announced the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well.  Eco holds a 50% … Read More

SOUTH AFRICA: Eco Atlantic Acquires Additional Interest in Block 3B/4B

Eco (Atlantic) Oil & Gas has signed a farm-out agreement pursuant to which its wholly-owned subsidiary, Azinam Limited, will acquire an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa … Read More

SOUTH AFRICA: Eco Atlantic Deposits $20M as Capex for the Gazania-1 well on Block 2B

Africa Energy Corp. has reported that Eco (Atlantic) Oil & Gas Ltd. has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South … Read More