Eco Atlantic Oil and Gas: Drilling Starts at Joe-1 Well, Offshore Guyana
August 27 2019 - 5:13AM
Dow Jones News
By Ian Walker
Eco Atlantic Oil and Gas Ltd. (EOG.V) said Tuesday that the
Joe-1 well on the Orinduik Block, offshore Guyana, started drilling
on Aug. 25.
The oil-and-gas exploration company said Joe-1 is the second of
its two-well drill program in Guyana for this year, adding that the
company is fully funded for a further six potential exploration,
appraisal or development wells on the Orinduik Block.
Eco Atlantic and its partners on the Orinduik Block estimate the
well will take three weeks to drill. Tullow Guyana BV is the
operator with a 60% working interest while Total E&P Guyana BV
has a 25% interest.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
August 27, 2019 04:58 ET (08:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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