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Eco (Atlantic) Oil and Gas Ltd Announces Renewal of Orinduik Petroleum Agreement
March 15, 2021 GMT
Renewal of Orinduik Petroleum Agreement Offshore Guyana
TORONTO, ON / ACCESSWIRE / March 15, 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 highly prospective basins in Namibia, announces that the joint venture partners in respect of the Orinduik Block offshore Guyana (the “JV Partners”) have successfully entered into the First Renewal Period of the Orinduik Petroleum Prospecting License initially signed on 14 January 2016 with the Government of Guyana (the “Orinduik Petroleum Agreement”), with the associated notice having now been approved and signed by the Department of Energy of the Government of Guyana (“DOE”) (the “First Renewal Period”).
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