Creating a mid sized independent E&P
Ecoteq will deliver returns to its shareholders by growing the company to be a sizeable developer and producer of Oil & Gas.
Ecoteq has most recently been focusing on late stage development and workovers for its assets. The company may include geophysical prospecting and exploratory drilling for these its more recent opportunities.
Ecoteq is currently developing its recently aquired bitumen property on the Vernal West Leases in Utah, USA.
Ecoteq has previously successfully produced both oil and gas from its assets. The company is in a development phase and has currently no production.
Ecoteq has currently one exploration and production license in Utah, USA and is in a continuous process of evaluating potential new opportunities.
Ecoteq is actively exploring asset acquisition opportunities and partnerships to grow its operations.
Ecoteq has direct ownership in one company Ecoteq Energy LLC USA in Utah, USA with very promising assets.
Ecoteq has ownership in two E&Ps in the Komi Republic of the Russian Federation; OOO Geotechnologia ("GT") and Neftegazopromyslovye Tekhnologii Ltd. (“NGPT”). See "Operations" for further information.
Ecoteq has its headquarter in Oslo, Norway.
Ecoteq Energy ASA (Ecoteq) is an oil and gas extraction and production company (E&P) based in Oslo, Norway.
