Eco (Atlantic) Oil and Gas Ltd. (ECAOF)

[pro_s2009]

Might we be getting a Guyana Cretaceous well early in 2023 ?

https://oilnow.gy/featured/orinduik-partners-to-target-exploration-well-early-2023-eco-atlantic/

Orinduik partners to target exploration well early 2023 – Eco Atlantic
By OilNOW October 25, 2022

The partners in the Orinduik Block offshore Guyana are targeting an exploration well in early 2023, according to a report from 15% stakeholder, Eco Atlantic Oil & Gas.

This well is expected to be drilled in the second renewal period of the licence.

The partners are currently in the first phase which lasts for three years from January 14, 2020, to January 13, 2023. To enter the second phase, the partners will have to relinquish 20%, some 360 square kilometers (km2) of the 1,800 km2 acreage.

A recent report updated the gross estimate of resources in Orinduik to 8.1 billion barrels, to which Eco is entitled to 681 million barrels of oil and 544 billion cub..................