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 [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, provides an update on the operations for its planned Gazania-1 Well, offshore South Africa. Eco through its wholly owned subsidiary Azinam South Africa Limited Operates and holds a 50% working interest in Block 2B, plans to spud the Gazania-1 well, 25km offshore the Northern Cape in South Africa in September 2022. The well [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, and JHI Associates Inc. have mutually agreed that Eco will no longer proceed with the proposed acquisition of the balance of the issued share capital of JHI not currently held by it . JHI holds a 17.5% participating interest in the Canje Block offshore Guyana. While all the main commercial points were agreed upon in keeping [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce, that the Company has granted 2,850,000 Restricted Share Units to directors, officers and advisers, of which 2,500,000 are to existing Executives and Directors, pursuant to the Company's Restricted Share Units Plan and in acknowledgment of the Company's management's recent success and increased future [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announced, further to its announcement of 28 March 2022 regarding the acquisition by of Azinam Group Limited , that it has now received clearance from the TSX Venture Exchange in respect of the Personal Information Forms of the directors of Azinam Group Holdings Limited , the vendor of Azinam. Accordingly, the [...]
2018 . Eco Oil & Gas Ltd. is pleased to announce, further to the Company's announcement of 5 April 2022, the successful completion of an oversubscribed Equity Fundraise. A total of 64,885,496 new Common Shares in the capital of the Company have been conditionally placed with, or subscribed for by, new and existing institutional investors at a price of £0.30 per Placing Share . On settlement, the Equity Fundraise will [...]
2018 . Launch of Equity Fundraise of up to US$25 million through an accelerated bookbuild process Eco Oil & Gas Ltd. is pleased to announce its intention to raise aggregate gross proceeds of up to approximately US$25million through the issue of new Common Shares in the capital of the Company consisting of: a placing in the United Kingdom, Norway and certain other jurisdictions outside Canada, and a brokered private [...]
7 596/2014. Eco Oil & Gas Ltd. the United States, Australia, Canada, the Republic of South Africa, Japan 21 2000 Eco Oil & Gas Ltd. , the TSX-V and AIM quoted Atlantic Margin focused oil & gas exploration company with offshore license interests in Guyana, Namibia, and South Africais pleased to announce a conditional offer for subscription via PrimaryBid of new Common shares of nil-par value each in the Company at an issue [...]
Further to the Company's announcement of 11 March 2022, Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to confirm that it and Azinam Holdings Limited have now received final approval from the TSX Venture Exchange for Eco's acquisition of Azinam Group Limited , and accordingly Eco is now the sole owner of Azinam and will now issue 22,296,300 new Common Shares [...]
Eco Atlantic Provides New Competent Person's Resource Report on Its Assets Offshore Guyana, Namibia and South Africa Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce the publication of an updated NI 51-101 compliant Competent Person's Report on its assets Offshore Guyana, Offshore Namibia and Offshore South Africa. The CPR was compiled by WSP USA [...]
Strategic Acquisition of JHI and its Interest in Canje Block Offshore Guyana Further consolidating Eco's position as an exploration business of scale Eco Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins, announces today that it has signed a Commercially Binding Term Sheet to acquire 100% of JHI Associates Inc. , including JHI's 17.5% Working Interest in the Canje Block offshore [...]
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