July 2013 Corporate Presentation 18 Billion Barrels of Prospective Resources Significant Upside Potential 1
Eco Atlantic Investment Profile Emerging Oil and Gas Company Second largest acreage holding onshore and offshore Namibia Dual listed on the TSXV and NSX (Namibian Stock Exchange) under EOG Excellent Growth Potential Three offshore…
The Team: Africa & Oil Exploration Experience Moshe Peterburg (Chairman, Co-Founder): Over 25 years of experience in Africa (Nigeria, Equatorial Guinea, Ghana, Namibia and others). Founder and Chairman of GP Minerals, a resource…
Namibia Africa for Beginners GDP: US16.77 billion (2012) Annual Growth: approx 4.5% (2012) Population: 2.32 million (2012 estimate) Inflation: 6.5% (2012 average) Major trading partners: South Africa, Angola, UK, Spain, Japan,…
Offshore Licenses Namibe Basin Repsol/Tower/ Arcadia Repsol Farm in 44% WI Westbridge Energy 22,400 km2 exploration license, partner search Pan Africa Oil Walvis Basin 1,750 km2 of seismic completed Eco Atlantic Oil & Gas 18…
Walvis Basin The Oil Kitchen Location, Location, Location Eco Atlantic 18 Bbbl Prospective Resources on three blocks offshore 3D seismic program commence 2013 NAMIBIA Repsol/Tower/ Arcadia Repsol farm-in 44% working interest HRT…
HRT Wingat -1 Prospect Proven Petroleum System Completed May 20, 2013 68 day well, TD 5,000 m Two different high quality source rocks WINGAT in oil generating window 4 oil samples of light grade oil (38 o to 42o API) Oil…
HRT Murombe-1 Prospect Turbidite Play Located 220 km NW of Walvis Bay and 15 km W of Wingat-1 well Spud date: June 1st, 2013 Total Depth: 5,360m TD Expected time: approx 72 days Two targets: Murombe Boabab reservoir…
HRT / Eco Atlantic Target 1: Wingat 775 MMbbl (HRT 86% GALP 14%) DHC: 78 million Target 2: Murombe 2.9 Bbbl (HRT 86% GALP 14%) DHC: 92 million Eco Blocks (COOPER, GUY, SHARON) surround HRT targets to East, West, and North Oil…
Fugro Slick Report 12
Exploration Milestones License granted 21st March 2011 Acquisition of over 2,000 km of legacy 2D lines from TGS, Western Geco Alignment and joint analysis of PGS 2D seismic lines together with Azinam (Approx additional 4000 km)…
Farm In Partners Azinam Ltd. 20% Working Interest / 40% carry A well-funded company with the technical capabilities of a mid cap E&P firm. Backed by majority-owner Seacrest Capital Ltd, a Bermuda based energy investment group…
3D Survey Company Milestones Farmout August 2012 Guy 2D Nov 2012 Drilling Acquired addl Private Placement 615 Klms of 2D Raised 3.23M July 2012 0.40/unit Operational Highlights Slick Data April 2012 Acquired oil Slick NSX…
Corporate Snapshot Analyst Coverage Price Cormark Eco (Atlantic) Oil & Gas Ltd. Securities 2.00 Trading symbol: EOG Clarus Securities 3.00 Trading Platform: Toronto Stock Exchange (V) Namibian Stock Exchange M Partners 3.50…
Why Eco Atlantic 18 Billion barrels of prospective oil resource offshore Namibia Proven Petroleum System with light grade oil in prolific Walvis Basin Blocks contiguous with Repsol and HRT Low cost entry into region with…
Contact Information Eco (Atlantic) Oil & Gas Ltd. Corporate Office: Corporate Contact: Canada Gil Holzman 120 Adelaide Street West, Suite 1204 Chief Executive Officer Toronto, Ontario gilecooilandgas.com M5H 1T1 Julia Maxwell Namibia…
Appendices 19
Namibia Basins Onshore & Offshore 20
Targets 21
Cooper License Block 2012A Offshore Block Size: 5,000 km2 (acres: 1,235,000) Access: Floater License: 70% working interest, 4 yrs + 2 renewal terms of 2 years Partners: Azimuth Ltd. 20% WI, NAMCOR 10% WI Water: 200 m to 500 m Target:…
Cooper Technical Highlights Eco Operator and 70% working interest P50 (Best) Probabilistic Estimate: Conventional oil targets 1.15 Billion Barrels of Prospective Shallow water over targets: 400 m range Resources Shallow resource…
Sharon License Blocks 2213A & 2213B Offshore Block size: 10,000 km2 (Acres: 2,471,000) Access: Jack-up License: 70% Working Interest, 4 yrs + 2 renewal terms of 2 years Partners: Azimuth Ltd. 20% WI, NAMCOR 10%WI Water: 0 m to 200 m…
Sharon Technical Highlights P50 (Best) Probabilistic Estimate: Eco Operator and 70% working interest 7.79 Billion Barrels of Prospective Conventional oil targets in the Walvis Basin Resources Shallow water over targets: 150 m range…
Guy License Blocks 2111B & 2211A Offshore Block Size: 10,000 km2 (Acres: 2,471,000) Access: Semi/floater License: 70% working interest, 4 yrs + 2 renewal terms of 2 years Partners: Azimuth Ltd. 20% WI, NAMCOR 10%WI Water: 2,000 m depth…
Guy Technical Highlights P50 (Best) Probabilistic Estimate: Eco Operator and 70% working interest 9.2 Billion Barrels of Prospective Conventional oil targets Resources Water Depth: 2,000 to 3,500 m range Depth: 3,500 to 5,100 m to…
Onshore Blocks: 2013B, 2014B, 2114 & 2418 Onshore Block Size: 30,000 km2 (Acres: 7,413,000) Access: Truck mounted mobile drilling rig License: 90% Working Interest, Eight years Partner: NAMCOR, 10% Target: Karoo Coal and Shale…
Increasing Activity Offshore Announcement Date Transaction NAMIBIA OFFSHORE License HRT Spuds Wingat -1, Spudding May 2013 Proves active petroleum system, 2 different high- 2212A Murombe (start June 2013) quality source rocks Pan…
Local Namibian Participation Eco Atlantic acquired Namibia local company, Eco Oil & Gas Namibia ltd., holding license applications, for consideration of 20% of Eco Atlantic Oil & Gas Only Namibian petroleum company to list on…
Loading...
