Commencing detailed analysis and plans to drill at Block 3B/4B Eco Atlantic ,the oil and gas exploration company focused on the offshore Atlantic Margins, announces that the Gazania-1 well on Block 2B, offshore South Africa, which spudded on October 10, 2022, reached target depth of 2,360m but did not show evidence of commercial hydrocarbons. The well will now be plugged and abandoned as planned. The well logging is [...]
Eco Atlantic announces Commencement of Operations on the Gazania-1 well, offshore South Africa Eco Atlantic , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well. Eco holds a 50% Working Interest in Block 2B and is Operator of [...]
Director Dealing Eco Oil & Gas Ltd. has been notified by Moshe Peterburg, Non Executive Chairman of the Company, that he has apparently been the victim of fraudulent activity concerning his personal trading account that resulted in the unauthorized sales by a broker of 1,224,749 common shares in Eco Atlantic , representing 0.36% of the issued and outstanding share capital of Eco Atlantic. The sales took place between July [...]
Due to recent events in the UK and conflicting travel schedules, Eco Atlantic , , the oil and gas exploration company focused on the offshore Atlantic Margins, is postponing the investor evening planned for Monday, 19 September 2022 and the Investor Meet Company Presentation on 20 September 2022. The Company plans to reschedule these events to take place early in Q4 2022, the dates for which will be announced in due [...]
Notification of Investor Presentations Eco Oil & Gas Ltd. , , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce its results for the three months ended 30 June 2022. In addition, the Company is notifying the market of an investor event to be held on 19 September 2022, details of which can be seen below. Today's announcement follows the recently published Full Year Results [...]
Rig mobilisation for Gazania-1 in South Africa and Namibia Update Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, confirms that the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilised today. The rig is now under contract to Eco and its JV partners and will move on to the Gazania-1 well on Block 2B, 25km offshore the Northern Cape in [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce its results for the year ended 31 March 2022. Results Highlights: Financials As at 31 March 2022, the Company had cash and cash equivalents of US$3,403,885 and no debt. As at 31 March 2022, the Company had total assets of US$45.9 million, total liabilities of US$5.6 million and total equity of US$40.2 [...]
TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN CA27887W1005 Issuer Name Eco Oil & Gas Ltd. UK or Non-UK Issuer Non-UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Meridian Capital International Fund City of registered office Country of registered office 4. Details of the shareholder Full name of [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to confirm that it had received TSX Venture Exchange approval for its acquisition of an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa from the Vendor, one of the shareholders of Ricocure Limited . As disclosed in the Company's announcement of 27 June 2022 , the Acquisition has [...]
Eco Oil & Gas Ltd. TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: Eco Oil & Gas Ltd. 1b. Please indicate if the issuer is a non-UK issuer Non-UK issuer 2. Reason for the notification An acquisition or disposal of voting rights X An acquisition or disposal of financial [...]
2018 . Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the successful completion of an equity fundraise of US$12.3 million . A total of 33,406,531 new common shares in the capital of the Company and 33,406,531 warrants to subscribe for Common Shares have been conditionally placed with, or subscribed for by new and existing institutional investors [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, has signed a farmout agreement pursuant to which its wholly owned subsidiary, Azinam Limited , will acquire an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa from the Lunn Family Trust , one of the shareholders of Ricocure Limited , subject to the satisfaction of customary conditions precedent [...]
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