Eco (atlantic) oil and gas ltd announces block 3b/4b farm in - totalenergies & qatarenergy

Strategic farm down in block 3b/4b orange basin south africa to totalenergies and qatarenergy toronto, on / accesswire / march 6, 2024 / eco (atlantic) oil & gas ltd. (aim:eco)(tsxv:eog), ("eco") the oil and gas exploration company focused on the offshore atlantic margins in south africa, namibia, and guyana, is pleased to announce it has signed a farmout agreement ("foa") pursuant to which azinam limited ("azinam"), its wholly owned subsidiary, will farm out a 13.75% participating interest in block 3b/4b, offshore the republic of south africa as part of an aggregate 57% farm down transaction along with its joint venture ("jv") partners africa oil sa corp. ("africa oil") and ricocure (proprietary) limited ("ricocure") to totalenergies ep south africa b.v.
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