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Investegate |Eco (Atlantic) O&G Announcements | Eco (Atlantic) O&G: Completion of Subscription

Investegate |Eco (Atlantic) O&G Announcements | Eco (Atlantic) O&G: Completion of Subscription
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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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 . ....

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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%) ....

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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 Sub ....

Demerara Mahaica , New York , United States , Potaro Siparuni , United Kingdom , City Of , James Bellman , Alice Carroll , Colin Kinley , Detlir Elezi , Mark Antelme , Neil Passmore , Keith Hill , Gil Holzman , Jimmy Lea , James Harris , Emily Morris , Matthew Armitt , London Stock Exchange For The Subscription , Africa Oil The Subscription , Qatar Petroleum , Eco Atlantic Oil Gas Ltd , Hannam Partners Research Advisor , Charlestown Energy , Africa Oil Subscription , Operator Tullow Oil ,

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 Mahaica , New York , United States , Potaro Siparuni , United Kingdom , City Of , James Bellman , Alice Carroll , Detlir Elezi , Colin Kinley , Stena Drillmax , Mark Antelme , Neil Passmore , Keith Hill , James Harris , Stena Carron , Jimmy Lea , Gil Holzman , Emily Morris , Matthew Armitt , Imminent Drilling Programme , Atlantic Oil Gas Inc , Eco Atlantic Oil Gas Ltd , Qatar Petroleum , Hannam Partners Research Advisor , Charlestown Energy ,