Eco Atlantic sets sights on cash for Namibia drilling
Start-up player aiming to lure investors before launching a fresh exploration drive…
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BP Pursues Namibia Crude Amid No Known Discovery of Oil: Energy
BP Plc (BP/)’s push into Namibian oil makes it the only major producer expanding in the West African nation, where commercial crude deposits have never been found and the sole gas field has sat idle since its discovery in 1974. BP last month became the largest shareholder in a block covering Namibia’s Nimrod offshore prospect, which may yield the third-biggest […]
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Africa Seen Mirroring Brazil in Atlantic Coast Drilling: Energy
The world’s next great oil finds may be buried under a layer of salt more than two miles beneath the seabed off Africa’s Atlantic coast.
Read full articleEco Oil and Gas Opens Local Namibian Office
Eco Oil & GAs Ltd, an integrated oil and gas exploration company, announced the opening of their local office corporate office in Windhoek this week…
Read full articleEco Oil and Gas May Operate Soon
With the first oil well along the Namibian coast being drilled at the end of the year, another significant player in the search for oil opened its office in Windhoek on Thursday.
Read full articleNamibia Sees 11 Billion Barrels In Offshore Oil Reserves
An estimated 11 billion barrels in oil reserves have been found off Namibia’s coast, with the first production planned within four years, mines and energy minister Isak Katali announced Wednesday…
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Eco Oil Gas on Toronto Stock Exchange
Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic”) (TSX-V: EOG) formerly Eco Oil and Gas, a wholly Namibian owned company celebrated its listing on the Toronto Stock Exchange by opening the market with the traditional “Ringing of the Bell” ceremony a fortnight ago…
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