Argos Resources Falklands said on Tuesday that the government of the Falkland Islands has agreed to the transfer of Argos s PL001 production license interests in the North Falkland Basin to JHI Associates based in Toronto, Canada.
Falkland Islands oil and gas exploration Argos Resources Ltd has announced changes in its board of directors, until a general meeting of shareholders is announced, and the executive directors finalize the sale of its PL001 production license interests in the North Falkland Basin to JHI Associates. The Argos sold asset is expected to be a shareholding in JHI.
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 &
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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 .