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 [...]
Strategic Positioning Investment into JHI Canje Block, offshore Guyana, and Imminent Drilling Programme Near-term, low risk, exploration drilling catalysts with significant upside 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 it has closed a transaction with JHI Associates Inc. , a private [...]
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 provide an operational update on the Group's activities. Guyana Eco Atlantic's Orinduik petroleum block offshore Guyana has continued to advance in its maturity to the selection of further drilling prospects. Eco's partners in the Orinduik Block; Tullow [...]
Renewal of Orinduik Petroleum Agreement Offshore Guyana Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins in Namibia, announces that the joint venture partners in respect of the Orinduik Block offshore Guyana have successfully entered into the First Renewal Period of the Orinduik Petroleum Prospecting License initially signed on 14 [...]
Unaudited Results for the three and nine months ended 31 December 2020; Corporate and Operational Update Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in proven oil province in Guyana and the highly prospective basins in Namibia, is pleased to announce its results for the three and nine months ended 31 December 2020, alongside a corporate and operational update. Results Highlights: Financials As [...]
New venture seeking to develop exclusive pipeline of low cost, high yield solar photovoltaic energy projects Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in proven oil province in Guyana and the highly prospective basins in Namibia, is pleased to announce that it has formed a new company with Nepcoe Capital Partners Ltd. , a renewable energy developer and investment company, to source, acquire [...]
Eco Oil & Gas Ltd. , the oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, announces that all resolutions were duly passed by shareholders at the Company's Annual General Meeting earlier today. For more information, please visit www.ecooilandgas.com or contact the following: Eco Atlantic Oil and Gas c/o Celicourt +44 20 8434 2754 Gil Holzman, CEO Colin Kinley, COO Alice [...]
Increases its sizeable strategic position in sought after frontier exploration region Eco Oil & Gas Ltd. , an oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, has successfully negotiated the reissuance of its four licences in the Walvis Basin, Offshore Namibia conditional to customary final government signature. The Company has agreed terms and conditions and been awarded [...]
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