Eco Atlantic (ECAOF) 0.2050 $ECAOF
Eco Atlantic and Partners Receive Ghana Parliamentary Ratification of Petroleum Agreement for Oil Block in Tano-Cape Three Points Basin, Offshore Ghana
GlobeNewswire - Tue Jul 29, 8:48AM CDT
Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company"
(TSX-V:EOG) (NSX:EOG) is pleased to announce that the Parliament of the Republic of Ghana has ratified a petroleum agreement (the "Agreement" pursuant to which the Company may acquire a 50.51% interest in the Deepwater Cape Three Points West Block, located in the Tano Cape Three Points Basin, offshore Ghana (the "Block" , adjacent to Tullow Oil plc.'s ("Tullow" significant producing Jubilee Oil Field. Eco (Atlantic) has been qualified as Operator of the Block. The Agreement is final and pending execution by the parties. The Agreement is conditional upon the execution of a Joint Operating Agreement for the Block, among other conditions.
Tullow Oil to Farm Into Eco Atlantic's Cooper Block, Offshore Namibia, Resulting in a Full Carry on Enlarged 3D Seismic Program and Exploration Well
GlobeNewswire - Thu Jul 17, 10:19AM CDT
Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company" (TSX-V:EOG) (NSX:EOG) is pleased to announce that it has executed a Farm-out agreement (the "Agreement" with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc. ("Tullow" , pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A, situated in the Walvis Basin, offshore Namibia (the "Cooper Block" or the "Block" . This Farm-In, in conjunction with Eco Atlantic's prior Farm-Out to Azimuth for 20%, nets the Company a 100% carry of all costs on an expanded 1,000 km 3D seismic survey and interpretation (the "Seismic Program" . The Seismic Program is expected to commence the fourth quarter of 2014. Dependent on the establishment of a target from the Seismic Program, Tullow has also committed to a full carry of cost to drill an exploration well on the Block.
Eco Atlantic and Partners Receive Ghana Parliamentary Ratification of Petroleum Agreement for Oil Block in Tano-Cape Three Points Basin, Offshore Ghana
GlobeNewswire - Tue Jul 29, 8:48AM CDT
Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company"
(TSX-V:EOG) (NSX:EOG) is pleased to announce that the Parliament of the Republic of Ghana has ratified a petroleum agreement (the "Agreement" pursuant to which the Company may acquire a 50.51% interest in the Deepwater Cape Three Points West Block, located in the Tano Cape Three Points Basin, offshore Ghana (the "Block" , adjacent to Tullow Oil plc.'s ("Tullow" significant producing Jubilee Oil Field. Eco (Atlantic) has been qualified as Operator of the Block. The Agreement is final and pending execution by the parties. The Agreement is conditional upon the execution of a Joint Operating Agreement for the Block, among other conditions. Tullow Oil to Farm Into Eco Atlantic's Cooper Block, Offshore Namibia, Resulting in a Full Carry on Enlarged 3D Seismic Program and Exploration Well
GlobeNewswire - Thu Jul 17, 10:19AM CDT
Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company"
(TSX-V:EOG) (NSX:EOG) is pleased to announce that it has executed a Farm-out agreement (the "Agreement" with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc. ("Tullow" , pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A, situated in the Walvis Basin, offshore Namibia (the "Cooper Block" or the "Block" . This Farm-In, in conjunction with Eco Atlantic's prior Farm-Out to Azimuth for 20%, nets the Company a 100% carry of all costs on an expanded 1,000 km 3D seismic survey and interpretation (the "Seismic Program" . The Seismic Program is expected to commence the fourth quarter of 2014. Dependent on the establishment of a target from the Seismic Program, Tullow has also committed to a full carry of cost to drill an exploration well on the Block. 
