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AziNam Ltd

3D Seismic Programme Commenced, Namibia

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces that in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), it has commenced a 3D seismic acquisition survey of approximately 2,600 square km in Blocks 2312 & 2412A (the "Central Blocks") offshore Namibia. The survey is being conducted by PGS Exploration (UK) Limited and will fulfil the work commitment for the Central Blocks.

Eco Atlantic Announces Completion of 3D Seismic Survey Processing On Cooper Block, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V:EOG, NSX:EOG) is pleased to announce that it has completed the processing of the 1,097 km2 3D Seismic Survey (the "Survey") (as announced on October 16, 2014) on the Cooper Block, PEL 30,  (the "Block") located in the Walvis Basin, offshore Namibia. 

2D seismic acquisition programme completed offshore Namibia

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company announces that it has completed its 2D seismic survey in its Central Blocks 2312 & 2412A offshore Namibia, in conjunction with its partners AziNam (20%), NAMCOR (10%, carried interest) and Ignitus (5%, carried interest).

2D Seismic Programme Commenced, Namibia

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces that in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%), it has commenced a 2D seismic acquisition survey of approximately 1,700km in the Central Blocks 2312 & 2412A offshore Namibia, conducted by SeaBird Exploration.

Eco Atlantic Receives Namibia Ministry Of Mines And Energy Approval And Completes Farmout Transaction

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that further to its Press Release dated January 5th, the Company through its wholly-owned subsidiary, Eco Oil and Gas (Namibia) (Pty) Limited, has received all regulatory approvals from the Ministry of Mines and Energy of Namibia and has completed the transaction pursuant to the Amended and Restated Farmout Agreement (the “Agreement”) with AziNam Limited (“AziNam”), amending and restating the terms of the farmout agreement dated April 12, 2012, among the parties.

Eco Atlantic Announces Offshore Namibia Licenses Farmout

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that the Company has taken strategic actions to decrease its near to mid-term financial obligations by farming out part of its offshore Namibian licenses for carry and cash, and has revised and reduced its next year work program in Namibia. 

Eco Atlantic Announces Completion Of 1,000 Km 2D Survey On Guy Block, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that, further to its news release dated November 17, 2014, it has successfully completed a  1,000 Km 2D Seismic Survey (the “Survey”) on the Guy block (the “Block”) located in the Walvis Basin, offshore Namibia. 

Eco Atlantic Announces Completion Of 3D Seismic Survey On Cooper Block, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. (“Eco Atlantic” or the “Company”) (TSX-V:EOG, NSX:EOG) is pleased to announce that, further to its news release dated October 16th, 2014, it has completed its 1,097 km2 3D Seismic Survey (the “Survey”) on the Cooper block (the “Block”) located in the Walvis Basin, offshore Namibia. The Survey was executed by PGS Geophysical Ltd. (“PGS”) using its high resolution GeoStreamer technology. The Survey began on October 16th and was completed today, smoothly and on time. 

Eco Atlantic Announces Commencement Of 3D Seismic Survey On Cooper Block, Offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V:EOG, NSX:EOG) is pleased to announce that it has commenced its planned 1,097 km2 3D Seismic Survey (the "Survey") on the Cooper block (the "Block") located in the Walvis Basin, offshore Namibia. 

New Licences Granted for Blocks 2312 & 2412A & Southern Block 2714A, Namibia

Chariot Oil & Gas Limited (AIM: CHAR), the Atlantic margins focused oil and gas exploration company, today announces an update on its Namibian portfolio, its repositioning in the region and forward work programmes across these licences. These steps improve Chariot's negotiating position in partnering discussions and provide further commercial optionality. The move also aligns this part of Chariot's portfolio with its strategy of being a fast follower and managing risk whilst retaining significant equity and acreage positions. In line with this strategy, Chariot will aim to proceed towards the drilling phase across its Namibian acreage following appropriate geological and financial de-risking.

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