Eco (Atlantic) Oil and Gas Ltd has received final approval from Namibia's Ministry of Mines and Energy for the inclusion of all oil and gas rights on its Skeleton Coast Licence number 31, which is a transition license that is both onshore Huab Basin and extends offshore Walvis Basin.
The license, which the company has named 'Daniel', covers Blocks 2114, 2013B, and 2014B. The license originally covered only CBM and shale rights but now will include all petroleum. It has an offshore section extending into Walvis Basin which the company has recently evaluated for oil prospectivity.
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