Further share purchase in JHI, holder of Canje Block, offshore Guyana Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce that it has purchased an additional 800,000 common shares in JHI Associates Inc. in return for 1,200,000 new common shares in Eco . The purchase of the 800,000 common shares in JHI is expected to be completed on 21st January 2022 [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, announces that, on 12 January 2022, six directors of the Company and one senior manager elected to exercise 4,450,000 options over common shares of no par value which were due to expire at midnight on 12 January 2022, at an exercise price of CAD $0.30 , as detailed in the PDMR Notifications below. In order to effect a [...]
Strategic Acquisition Offshore South Africa and Namibia 2022 Drilling Programme Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, announces today that it has signed a Memorandum of Understanding to acquire 100% of Azinam Group Limited , including Azinam's entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged Group on completion of the [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, announces that all resolutions were duly passed by shareholders at the Company's Annual General Meeting held in Toronto, Canada earlier today. **ENDS** For more information, please visit www.ecooilandgas.com or contact the following: Eco Atlantic Oil and Gas c/o [...]
Eco Oil & Gas Ltd. announces that Gil Holzman, Chief Executive Officer and a Director of the Company, acquired 100,000 common shares in the Company on 26 November 2021 at a price of CAD0.266 per share . Following the Share Purchase, Gil Holzman is beneficially interested in, in aggregate, 8,589,124 Common Shares representing approximately 4.3 per cent. of the Company's issued share capital. For more information, please [...]
Unaudited Results for the six months ended 30 September 2021 Corporate and Operational Update Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, is pleased to announce its results for the three and six months ended 30 September 2021, alongside a corporate and operational update. Results Highlights: Financials: Cash and [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, provides an operational update on the Group's activities and announces notice of its annual and special meeting . Highlights JHI well drilled by ExxonMobil establishes oil presence at Sapote-1, Guyana Progress to define multi-million barrel targets on Orinduik, Guyana [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company with licenses in highly prospective regions in Guyana and Namibia, announces that it has issued 250,000 new common shares pursuant to an exercise of share options at a price of CAD$0.36 per common share and for total proceeds of CAD$90,000. Application has been made for admission of the 250,000 Option Shares, which will rank pari passu with existing Common Shares [...]
Corporate and Operational Update Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, is pleased to announce its results for the three months ended 30 June 2021, alongside a corporate and operational update. Results Highlights: Financials: Cash and cash equivalents of US$4.85 million and no debt as of 30 June 2021. Raised [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, is pleased to announce that the Sapote-1 well on the Canje Block, offshore Guyana has been spudded. Eco was officially informed today by its investee company, JHI Associates Inc. , about the spudding of the well. The Sapote-1 well is designed to test Upper Cretaceous [...]
Eco Oil & Gas Ltd. Completion of Subscription Eco Oil & Gas Ltd. , an oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, is pleased to announce, further to its announcement on 28 June 2021, that it has received approval from the TSX Venture Exchange for its private placement with Africa Oil Corp. and Charlestown Energy Partners LLC to raise [...]
Jabillo-1 Well Result Sapote-1 well to be drilled next Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, has received a detailed update from JHI Associates Inc. . The Jabillo-1 well in the Canje Block, offshore Guyana, reached its planned target depth and was evaluated but did not show evidence of commercial [...]
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