September 2013 Corporate Presentation 18 Billion Barrels of Prospective Resources Significant Upside Potential 1
Eco Atlantic Investment Profile Emerging Oil and Gas Company Largest acreage holding Walvis Basin, offshore Namibia Dual listed on the TSXV and NSX (Namibian Stock Exchange) under EOG Excellent Growth Potential Four offshore licenses…
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 The Jewel of Africa 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, China…
Offshore Licenses Namibe Basin Eco Atlantic Oil & Gas 18 Billion Barrels of Prospective Oil Repsol/Tower/ Arcadia Repsol Farm in 44% WI 2013B 2014B Westbridge Energy 22,400 km2 exploration license, partner search DANIEL 2114…
Walvis Basin The Oil Kitchen NAMIBIA Location, Location, Location Eco Atlantic 2013B 2014B 18 Bbbl Prospective Resources on three blocks offshore 3D seismic program commence 2014 DANIEL Repsol/Tower/ Arcadia 2114 Repsol farm-in…
HRT Wingat -1, Murombe-1 Proven Petroleum System Two different high quality source rocks in oil generating window 2013B 2014B 4 oil samples of light grade oil WINGAT DANIEL 2114 (38o to 42o API) Oil proven, Sub commercial…
Exploration Milestones Licenses granted 21st March 2011 Acquisition of over 2,800 km of legacy 2D lines from TGS, Western Geco Alignment and joint analysis of PGS 2D seismic lines together with Azinam (Approx additional 4,000…
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…
May-Aug 2013 3D Survey Cooper 2D Company Milestones Acquisition and PGS Report in Farmout preparation Drilling August 2012 Nov 2012 Guy 2D Private Placement Acquired addl Raised 3.23M Operational Highlights 615 Klms of 2D…
Corporate Snapshot Analyst Coverage Rating Price Cormark Securities Buy 1.75 Eco (Atlantic) Oil & Gas Ltd. GMP Securities Hold N/A Trading symbol: EOG Trading Platform: Toronto Stock Exchange (V) M Partners Buy 2.50 Namibian…
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 to Tullow, Repsol and HRTs recent Oil discovery Low cost…
Contact Information Eco (Atlantic) Oil & Gas Ltd. Corporate Office: Namibia Office: 120 Adelaide Street West, Suite 1204 269 Independence Avenue Toronto, Ontario, M5H 1T1 8th Floor Canada Windhoek, Namibia Alan Friedman Gil Holzman…
Appendices 18
Namibia Basins Onshore & Offshore 19
Targets 20
Cooper License Block 2012A Offshore Block Size: 5,000 km2 (acres: 1,235,000) Access: Floater License: 70% working interest, 5 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, 5 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, 5 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…
Daniel License Blocks 2013B, 2014B, 2114 Onshore / Offshore 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…
Increasing Activity Offshore Announcement Date Transaction NAMIBIA OFFSHORE License Chariot announces 3D Completion of Sep 2013 3D seismic complete over Central Blocks 2412A, South of Ecos Central Blocks and resources Gross Mean…
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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