Africa Oil Corp (AOIFF): Eco (Atlantic) Oil & Gas

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	21
Posts	4543
Boards Moderated	0
Alias Born	04/19/2011

douginil

Re: None

Tuesday, 08/27/2019 7:56:55 AM

Tuesday, August 27, 2019 7:56:55 AM

Eco (Atlantic) Oil & Gas - the Joe well was spudded on Sunday

Thanks to Malcy's blog

August 27th 2019

It has been announced that the Joe well on the Orinduik block, offshore Guyana was spudded on Sunday. Joe-1 is looking at a different feature (Upper Tertiary rather than Lower as found at Jethro) but carries a similar COS as Jethro did with a target of 148.3 MMboe of gross unrisked prospective oil resources.

On an unrelated but most interesting note, Total has announced this morning that it has signed deals with Qatar Petroleum to transfer some of its assets, in particular in Guyana and Namibia, as part of its bilateral deal. For Eco Atlantic this is really interesting as the company has some choice acreage in Namibia where country sentiment is rapidly improving as a continuous stream of big players enter the country and we know that Total only offers its best blocks to its buddy QP…

Read at:
https://www.malcysblog.com/2019/08/oil-price-dgo-eco-atlantic-reabold-solo-jadestone-providence-and-finally/