South Africa: Eco Atlantic hits dry well at Gazania-1

Issue 473 - 22 Nov 2022 - By James Gavin | 2 minute read

Eco Atlantic Oil & Gas has announced that it has not found evidence of commercial hydrocarbons at its Gazania-1 well on offshore Block 2B. The failure to encounter a commercial play so close to the Venus and Graff discoveries will disappoint South Africans hoping for exploration successes in the Orange Basin.

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