• Keith Hill appointed chairman as company reshapes governance
• Brings decades of experience in African oil exploration
• Move comes as Eco Atlantic focuses on Namibia deepwater assets

Eco Atlantic has appointed Keith Hill (pictured), former CEO of Africa Oil Corporation, as chairman of its board, the company said in a statement released March 30.

His appointment marks a shift in the company’s governance structure, with Hill set to oversee the board responsible for guiding strategic direction and supervising key decisions alongside the executive team.

According to Eco Atlantic, Hill brings several decades of experience in the oil industry. He led Africa Oil from 2009 to 2023, during which the company built a portfolio of exploration assets in Africa, including in Kenya and Nigeria.

Under his leadership, Africa Oil advanced multiple exploration and development programs across several blocks, including drilling campaigns, resource assessments, and project structuring in emerging basins.

Earlier in his career, Hill founded Valkyries Petroleum, where he served as CEO and director between 2002 and 2008, according to Eco Atlantic.

Biographical information from Africa Energy and ShaMaran Petroleum indicates that he also held senior roles within companies affiliated with the Lundin Group for more than two decades, focusing on international asset development and new business opportunities.

Eco Atlantic holds offshore exploration assets in Guyana, the Falkland Islands, and Namibia, where it has conducted several exploration campaigns in recent years.

In Namibia, the company is focusing on the Walvis Basin, where it holds and operates an 85% interest in licenses PEL 97, PEL 99, and PEL 100, covering nearly 22,900 square kilometers. The group is repositioning its portfolio toward deepwater targets, particularly in Cretaceous formations.

The Osprey prospect is identified as its main target, with estimated resources of 882 million barrels. Seismic work and partnership discussions are ongoing as the company prepares for drilling.

Abdel-Latif Boureima