Eco Atlantic sees promise on the frontiers

The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia

Toronto- and London-listed independent Eco Atlantic is in the uniquely positive position of holding acreage in arguably the world’s three most promising oil and gas frontiers: Guyana, South Africa and Namibia. CEO Gil Holzman spoke with Petroleum Economist about the company’s plans. The Gazania well on South Africa’s 2B block was a disappointment due to the lack of commercial discovery, but those efforts “in a sense also paved the way for other Orange basin developments”, says Holzman, who goes on to emphasise that Eco Atlantic managed to deliver the test drilling on time and on budget, while meeting South Africa’s strict environmental approval and community engagement stipulations. There is