Project Profile
Value: Undisclosed
Location: Namibia
blocks: 2211Ba & 2311a
Water depth: 2500 m to 3000 m
Area: 8070km²
Eco Atlantic holds an 80% participating interest in the Tamar Licence, which covers an area of approximately 8070km². Partners include Spectrum, NAMCOR and Amis. Eco Atlantic’s subsidiary, Eco Namibia, carries Spectrum’s 10% working interest. Pursuant to the Spectrum Agreement, Spectrum’s working interest may be reduced to 5%. The operators have completed and interpreted the 1000 km 2D survey of Tamar Licence.
Operators:
Eco Atlantic: 80% interest
Spectrum: 10% interest
Namcor: 5%interest
Amis: 5% interest