Eco Atlantic Oil & Gas said it is in discussions with the Government of Guyana to continue appraisal and exploration activities on the offshore Orinduik Block after the license reached the end of its second renewal term on Jan. 14, 2026.
The company, working with partner Navitas Petroleum, said Guyana’s Petroleum Act allows Eco to retain rights to the Jethro-1 and Joe-1 discoveries pending approval of a submitted appraisal program. Joint submissions have been provided to the Ministry of Natural Resources and the Guyana Geology and Mines Commission.
Eco said the discussions are part of the country’s customary regulatory process and are focused on preserving access to existing discoveries while advancing appraisal and potential new exploration work. The company said it will update the market as discussions progress.
