Last checked at 23 Oct 2017 07:00
Suite 320- 181 Bay St.
Toronto, Ontario
M5J2T3
www.ecooilandgas.com
t. 416.250.1955
f.416.361.6455
TSX-V: EOG
AIM: ECO
23 October 2017
ECO (ATLANTIC) OIL & GAS LTD
("Eco Atlantic", "Company" or, together with its subsidiaries, the "Group")
Eco (Atlantic) Oil & Gas presenting at Africa Oil Week Conference
Eco (Atlantic) Oil & Gas Ltd (AIM: ECO, TSX-V:EOG), the oil and gas exploration company with licences in highly prospective regions offshore Guyana and Namibia, is delighted to announce that the Company's Chief Executive Officer, Gil Holzman, has been invited to present at the Africa Oil Week Upstream conference in Cape Town, South Africa on Monday 23 October 2017.
A copy of the presentation is available on the company's website: www.ecooilandgas.com
**ENDS**
For more information, please visit the company's website or contact the following:
Eco Atlantic Oil and Gas | +1 (416) 250 1955 |
Gil Holzman, CEO Colin Kinley, COO Alan Friedman, VP |
|
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 |
Alex Walker Jonathan Evans Robert Beenstock
| |
Peterhouse Corporate Finance (Joint Broker) | +44 (0) 20 7469 0930 |
Eran Zucker Duncan Vasey Lucy Williams
| |
Blytheweigh (PR) | +44 (0) 20 7138 3204 |
Nick Elwes Tim Blythe
|
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
Notes to editors
Eco Atlantic is a TSX-V and AIM listed Oil & 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 and AziNam.
In Guyana, Eco Guyana holds a 40 per cent working interest alongside Tullow Oil (60 per cent) in the 1,800 km2 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, recently discovered by ExxonMobil and Hess, which is estimated to contain as much as 2.5 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 totaling approximately 25,000 km2 with over 2.3 billion barrels of prospective P50 resources in the Wallis and Lüderitz Basins. These four licences, Cooper, Guy, Sharon and Tamar are being developed alongside partners, which include Tullow Oil, AziNam and NAMCOR. Significant 3D and 2D surveys and interpretation have been completed with drilling preparations expected to begin in 2018.