Selma Usiku and Alice Carroll appointed to Eco Atlantic board

Eco Atlantic Oil & Gas has appointed Selma Usiku and Alice Carroll as directors of the Company with immediate effect.

Usiku, an experienced exploration geologist with a history of working in both the Namibian Oil & Energy and diamond industries, currently serving as an Exploration Geologist with Debmarine Namibia, joins the company’s board as a Non-Executive Director.

Carroll, currently the company's Head of Corporate Sustainability, joins the Board as an Executive Director and will continue her role as Eco's Head of Corporate Sustainability.

Helmut Angula will retire as a Non-Executive Director of the exploration company with immediate effect, having served on the board since November 2011. He will remain in the role of a senior advisor to the Board.

"I am absolutely thrilled to welcome both Alice Carroll and Selma Usiku to the Board of Eco Atlantic. Both bring fresh thinking and impressive skill sets. I am looking forward to the contribution of stakeholder and technical expertise Alice and Selma bring as we build on our latest pivotal transaction in Guyana and continue our busy workstreams across the Company's exploration portfolio in Namibia and the Orange Basin, South Africa,” Peter Nicol, Chairman of Eco Atlantic said.

Gil Holzman, Co-Founder and Chief Executive Officer of Eco Atlantic, said, “Helmut Angula joined the Board of Eco at inception in 2011, serving on both the Audit and Compensation Committees. We have greatly benefited from his understanding of the financial and energy sectors in Namibia. We wish him all the best with his well-deserved retirement and are grateful he will continue to support us as a senior advisor to the Board."

Eco Atlantic has an 85% working interest in four Walvis Basin blocks in shallow water off Namibia, PELs 97, 98, 99, 100, some of which are already covered with 3D seismic.

Eco Atlantic Oil & Gas is an oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana.

 

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Last modified on Tuesday, 10 October 2023 16:32

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