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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Eco (atlantic) Oil & Gas Ltd | LSE:ECO | London | Ordinary Share | CA27887W1005 | COM SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.00 | 7.80 | 8.20 | 8.00 | 8.00 | 8.00 | 1,256 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Blank Checks | 19.28M | -36.55M | -0.0987 | -1.32 | 48.12M |
TIDMECO
RNS Number : 7063L
Eco (Atlantic) Oil and Gas Ltd.
28 December 2018
Suite 320- 181 Bay St.
Toronto, Ontario
M5J2T3
www.ecooilandgas.com
t. 416.250.1955
f.416.361.6455
TSX-V: EOG
AIM: ECO
28 December 2018
ECO (ATLANTIC) OIL & GAS LTD.
("Eco Atlantic", the "Company", "Eco" or, together with its subsidiaries, the "Group")
Result of Annual General Meeting
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), the oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, announces that at the Company's Annual and Special General Meeting, held on 28 December 2018 in Toronto, all resolutions were duly passed by shareholders.
**ENDS**
For more information, please visit www.ecooilandgas.com or contact the following:
Eco Atlantic Oil and Gas +1 (416) 250 1955 Gil Holzman, CEO Colin Kinley, COO Strand Hanson Limited (Financial & Nominated Adviser) +44 (0) 20 7409 3494 James Harris Rory Murphy James Bellman Brandon Hill Capital Limited (Joint Broker) +44 (0) 20 3463 5000 Oliver Stansfield Jonathan Evans Robert Beenstock Pareto Securities Limited (Joint Broker) +44 (0) 20 7786 4370 Søren Clausen +44 (0) 20 7786 4382 Davide Finelli +44 (0) 20 7786 4398 Matilda Mäkitalo +44 (0) 20 7786 4375 Blytheweigh (PR) +44 (0) 20 7138 3204 Tim Blythe Julia Tilley Jane Lenton
Notes to editors
Eco Atlantic is a TSX-V and AIM listed oil and gas exploration and production Company with interests in Guyana and Namibia where significant oil discoveries have been made.
The Group aims to deliver material value for its stakeholders through oil exploration, appraisal and development activities in stable emerging markets, in partnership with major oil companies, including Tullow, Total and AziNam.
In Guyana, Eco Guyana holds a 15% working interest alongside Total (25%) and Tullow Oil (60%) in the 1,800 km(2) Orinduik Block in the shallow water of the prospective Suriname-Guyana basin. The Orinduik Block is adjacent and updip to the deep-water Liza Field and Snoek, Payara, Pacora, Turbot, Longtail and Hammerhead discoveries, recently made by ExxonMobil and Hess. The partners' latest discovery, Pluma-1, increases the estimate of recoverable resources for the Stabroek Block to more than 5 billion barrels of oil equivalent, making it one of a handful of billion-barrel discoveries in the last half-decade.
In Namibia, the Company holds interests in four offshore petroleum licences totalling approximately 25,000km(2) with over 2.3 billion barrels of prospective P50 resources in the Walvis and Lüderitz Basins. These four licences, Cooper, Guy, Sharon and Tamar are being developed alongside partners Azinam and NAMCOR. Eco has been granted a drilling permit on its Cooper Block (Operator).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
December 28, 2018 12:00 ET (17:00 GMT)
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