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Eco (Atlantic) Oil and Gas Ltd. Announces Jabillo-1 Well Result
July 5, 2021 GMT
Jabillo-1 Well ResultSapote-1 well to be drilled nextTORONTO, ON / ACCESSWIRE / July 5, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG), the oil and gas exploration company with licences in the proven oil province of Guyana and the .
Jabillo-1 Well ResultSapote-1 well to be drilled nextTORONTO, ON / ACCESSWIRE / July 5, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG), the oil and gas exploration company with licences in the proven oil province of Guyana and the .
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, has received a detailed update from JHI Associates Inc. ( JHI ). The Jabillo-1 well in the Canje Block, offshore Guyana, reached its planned target depth and was evaluated but did not show evidence of commercial hydrocarbons. Jabillo-1 will now be plugged and abandoned. This well was drilled at no cost to JHI or Eco and was completed on a full carry basis. The Jabillo-1 well was drilled to test Upper Cretaceous reservoirs in a stratigraphic trap. The well was positioned offshore Guyana, approximately 265 km northeast of Georgetown, in 2,903 meters of water and was safely drilled to a total depth of 6,475 meters.