The frontier Namibia oil and gas exploration sector is rapidly developing into a world class hydrocarbon region.
Eco is participating in the sector with a high potential inventory of licenses for offshore conventional oil and gas and onshore unconventional gas.
Recent 2 and 3D geophysical seismic surveys have revealed consistent and prolific results beginning to mirror its geologic counterpart in Brazil.
Recent discoveries confirm that prolific source rocks extend both north and south of these salt basins into underexplored areas such as Namibia.
All wells drilled offshore Namibia had oil shows which were confirmed by biomarker and diamondoid studies. Analysis confirms an identical age and rock type as the oil rich source rock fueling the pre-salt play in Brazil.
Recent large oil discoveries offshore Ghana and Sierra Leone provide evidence that these same oil rich source rocks extend a considerable distance north and west from the salt basins.