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 [...]
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 [...]