Eco (Atlantic) Oil &Gas Ltd. announced that it has completed its committed 870 Km² 3D Seismic Survey on PEL 034, the Guy Block located in the Walvis Basin, offshore Namibia. The Company and its partners have completed the 3D survey with PGS Geophysical Ltd., who used the PGS Ramform Vanguard vessel to conduct the Survey. The Survey was shot over three weeks and covered a target area that was mutually agreed between Eco Atlantic and AziNam Ltd., the Operator of the Block.

AziNam will pay for 66.44% of the cost of the Survey under previously announced agreements. Eco Atlantic holds a 50% partly carried working interest in the Block, AziNam holds a 40% working interest, and NAMCOR (Namibia national petroleum corporation) holds a 10% carried working interest in the Block.