Corporate Presentation 21.5 Billion Barrels of Prospective Resources Significant Upside Potential March 2014
Eco Atlantic Investment Profile Experienced Team Emerging Oil and Gas Company Dual listed on the TSX-V and NSX (Namibian Stock Exchange) under symbol EOG De-Risked Largest acreage holding in Walvis Basin, offshore Growth…
Corporate Snapshot Eco (Atlantic) Oil & Gas Ltd. Trading Symbol: EOG Exchange Listings: Toronto Venture Share Structure Namibia Shares Issued and Outstanding 68,959,661 Analyst Coverage Price Warrants 4,937,341 Options 6,010,000…
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, resource investment…
Namibia Investment Profile GDP: US16.77 billion (2012) Annual Growth: approx 4.5% (2012) Population: 2.32 million (2012) Inflation: 6.5% (2012 average) Major trading partners: South Africa, Angola, UK, Spain, Japan, China and…
Walvis Basil The Oil Kitchen Eco Atlantic 21.5 total billion barrels of prospective oil Cooper: 4.5 billion barrels Sharon: 7.79 billion barrels Guy: 9.02 billion barrels Daniel DANIEL 3D seismic program commence 2014…
Major Investment Activity OMV Group 30,000 employees worldwide; 10.4B market cap March 2014: acquired 45% working interest in Cowan Oil & Gass licenses in the Walvis Basin. OMV also farmed-in NAMIBIA to acquire 20% working interest…
Proven Petroleum System - HRT Wingat-1, Murombe-1: ECO: GUY BLOCK Wingat-1 ECO: SHARON BLOCK Wingat drilled May 2013, Murombe drilled July 2013 Target 1: Wingat 775 MMbbl Two different high quality source rocks in oil…
Oil Seeps/Fugro Slick Report Eco blocks (Cooper, Sharon, Guy) surround HRT and Tullow targets to the East, West and North Oil seeps confirm similar geological structure as EOG Sharon block EOG Blocks Turbidite play, similar to…
Company Milestones Corporate February 2014 Completed Revised Cooper NI 51-101 Best Estimate (P50) 4.5M Bbbl oil December 2013 Completed Cooper PGS Report August 2013 Sharon and Guy License Extensions Granted May August 2013 Cooper…
Farm-In Partners AZINAM 20% Working Interest / 40% Carry of Eco Atlantic 3D 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…
Cooper License Block 2012A Offshore Block Size 5,000 km2 (acres: 1,235,000) Access Floater Cooper License 70% working interest, 5 yrs + 2 renewal terms of 2 years License Partners Azimuth Ltd. 20% WI, NAMCOR 10% WI Water 200 m to 500 m…
Cooper Technical Highlights Eco Operator and 70% working interest Conventional oil targets Shallow water over targets: 500m range P50 (Best) Probabilistic Estimate: Shallow resource targets : 2,000m to 2,500m range 4.5 Billion…
Cooper Oil Approximation Window BTU Top Palaeocene 175 220 265 305 290 320 Seabed 380 Lower Maastrichtian Upper Eocene Cenomanian/ Turonian 1290 Top Albian 1430 Very limited area of C-T 2560 1660…
Sharon License Blocks 2213A and 2213B Offshore Block Size 10,000 km2 (acres: 2,471,000) Access Jack-Up License 70% working interest, 5 yrs + 2 renewal terms of 2 years Partners Azimuth Ltd. 20% WI, NAMCOR 10% WI Water 0 m to 200 m…
Sharon 2D Seismic Section 18
Sharon Technical Highlights Eco Operator and 70% working interest Conventional oil targets in the Walvis Basin Shallow water over targets: 150 m range Shallow resource targets : 2,600 m range P50 (Best) Probabilistic Estimate: 7.79…
Guy License Blocks 2111B and 2211A Offshore Block Size 10,000 km2 (acres: 2,471,000) Access Semi/Floater License 70% working interest, 5 yrs + 2 renewal terms of 2 years Partners Azimuth Ltd. 20% WI, NAMCOR 10% WI Water 2,000 m depth…
Guy Technical Highlights Eco Operator and 70% working interest Conventional oil targets P50 (Best) Probabilistic Estimate: Water Depth: 2,000 to 3,500 m range 9.02 Billion Barrels of Prospective Resources Depth: 3,500 to 5,100 m to…
Daniel License Blocks 2013B, 2014B, 2114 Offshore/Onshore Onshore/Offshore Block Size 5,600 km2 (acres: 1,383,790) Access Jack-Up Daniel License License 90% working interest, 8 yrs Partners NAMCOR 10% WI Tertiary Fan (1,500m…
Why Eco Atlantic 21.5 Billion barrels of lead prospective oil resource offshore Namibia Proven Petroleum System with light grade oil in prolific Walvis Basin Blocks contiguous with Tullow, Repsol and HRTs recent oil discovery…
Contact Information Eco (Atlantic) Oil & Gas Ltd. Corporate Office: Corporate Contact: Canada Gil Holzman 120 Adelaide Street West, Suite 800 Chief Executive Officer Toronto, Ontario gilecooilandgas.com M5H 1T1 Namibia Office:…
Appendices 25
Recent Activity in Namibia Announcement Date Transaction License Chariot announces 3D completion of central September, 3D seismic complete over Central Blocks Gross Mean 2412A, South of Ecos Sharon blocks and resources 2013 Prospective…
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…
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