Eco (Atlantic) Oil & Gas Ltd. Stock Company Profile

Description

Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties in the Republic of Namibia and Co-Operative Republic of Guyana. It operates through two segments, Oil and Gas Exploration, and Renewable Energy. The company holds an 15% working interest in the Orinduik block comprising 1,800 km2 located in the Suriname Guyana basin; and interests in the Canje Block covering an area of 4,800 km2 located in Guyana. It also holds a 54.3% working interest in the Cooper Block, which covers approximately 5,788 km2; a 56.7% working interest in the Sharon Block that covers approximately 5,700 km2; a 47.2% working interest in the Guy License covering approximately 11,457 km2; and an 85% working interest in the Tamar Block that covers approximately 5,648 km2 located in the Walvis Basin offshore, Namibia. In addition, the company engages in the development of solar projects. Eco (Atlantic) Oil & Gas Ltd. is headquartered in Toronto, Canada.