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.
Tullow Oil (LSE:TLW)
Historical Stock Chart
From Jul 2020 to Aug 2020 Click Here for more Tullow Oil Charts.
Tullow Oil (LSE:TLW)
Historical Stock Chart
From Aug 2019 to Aug 2020 Click Here for more Tullow Oil Charts.