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Eco (Atlantic) Oil and Gas Ltd Announces Subscription to raise 6 1m CAD (US$4 9m)

Press release content from Accesswire. The AP news staff was not involved in its creation. Eco (Atlantic) Oil and Gas Ltd. Announces Subscription to raise 6.1m CAD (US$4.9m) June 28, 2021 GMT TORONTO, ON / ACCESSWIRE / June 17, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG), 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 . TORONTO, ON / ACCESSWIRE / June 17, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG), 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 .

Demerara mahaicaNew yorkUnited statesPotaro siparuniUnited kingdomCity ofJames bellmanAlice carrollDetlir eleziColin kinleyMark antelmeNeil passmoreKeith hillJames harrisJimmy leaGil holzman

Investegate |Eco (Atlantic) O&G Announcements | Eco (Atlantic) O&G: Investment in Guyana & Imminent Drilling Programme

Near-term, low risk, exploration drilling catalysts with significant upside Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), 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. ( JHI ), a private company incorporated in Ontario and headquartered in Toronto, Canada, for Eco to acquire up to a 10% interest in JHI (the Transaction ) and to appoint Keith Hill, a non-executive Director of Eco, to the JHI Board. The Transaction provides Eco with immediate exposure to a current active drilling program in the Canje Block offshore Guyana. The Canje Block is operated by ExxonMobil and is held by Working Interests partners Esso Exploration & Production Guyana Limited (35%), with Total E&P Guyana B.V. (35%), JHI Associates (BVI) Inc. (17.5%) and Mid-Atlantic Oil &

Demerara mahaicaNew yorkUnited statesPotaro siparuniUnited kingdomJames bellmanAlice carrollDetlir eleziColin kinleyStena drillmaxMark antelmeNeil passmoreKeith hillJames harrisStena carronJimmy lea

Investegate |Eco (Atlantic) O&G Announcements | Eco (Atlantic) O&G: Subscription to raise 6 1m CAD (US$4 9m)

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), 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 earlier today, that it has completed, subject to TSX Venture Exchange approval, a private placement with strategic partner Africa Oil Corp. ( Africa Oil ) and Charlestown Energy Partners LLC ( Charlestown Energy ), a Private Equity firm based in New York, USA, to raise approximately 6.1m CAD (the Subscription ). Africa Oil has subscribed for 5,945,913 new common shares in Eco at a price of 0.41 CAD per new common share (the Subscription Price ) and will be granted the same number of warrants to acquire common shares at the Subscription Price with a two-year duration. Charlestown Energy has also subscribed for 9,000,000 new common shares at the Subscription Price and will be

Demerara mahaicaNew yorkUnited statesPotaro siparuniUnited kingdomCity ofJames bellmanAlice carrollColin kinleyDetlir eleziMark antelmeNeil passmoreKeith hillGil holzmanJimmy leaJames harris

Eco (Atlantic) Oil and Gas Ltd Announces Investment in Guyana & Imminent Drilling Programme

Press release content from Accesswire. The AP news staff was not involved in its creation. Eco (Atlantic) Oil and Gas Ltd. Announces Investment in Guyana & Imminent Drilling Programme June 28, 2021 GMT TORONTO, ON / ACCESSWIRE / June 17, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG), 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 . TORONTO, ON / ACCESSWIRE / June 17, 2021 / Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG), 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 .

Demerara mahaicaNew yorkUnited statesPotaro siparuniUnited kingdomCity ofJames bellmanAlice carrollDetlir eleziColin kinleyStena drillmaxMark antelmeNeil passmoreKeith hillJames harrisStena carron

Eco Atlantic Oil & Gas Ltd (AIM:ECO) | RNS | Eco (Atlantic) O&G - Investment in Guyana & Imminent Drilling Programme

Eco Atlantic Oil & Gas Ltd (AIM:ECO) | RNS | Eco (Atlantic) O&G - Investment in Guyana & Imminent Drilling Programme
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Demerara mahaicaNew yorkUnited statesPotaro siparuniUnited kingdomJames bellmanAlice carrollDetlir eleziColin kinleyStena drillmaxMark antelmeNeil passmoreKeith hillJames harrisStena carronJimmy lea