Announcement • Mar 31
Eco (Atlantic) Oil & Gas Ltd. Announces Board Changes, Effective March 30, 2026 Eco (Atlantic) Oil & Gas Ltd. announced that the board of directors has appointed Keith Hill as Non-Executive Chairman, succeeding Peter Nicol, effective March 30, 2026. Peter Nicol will remain as a Non-Executive Director. Company's Annual General Meeting held on 27 March 2026. Announcement • Mar 12
Eco (Atlantic) Oil & Gas Ltd. (TSXV:EOG) signed a binding agreement to acquire remaining stake in JHI Associates Inc. for $63.32 million. Eco (Atlantic) Oil & Gas Ltd. (TSXV:EOG) signed a binding agreement to acquire remaining stake in JHI Associates Inc. for $63.32 million on March 10, 2026. The consideration consists of 96.31 million new common shares such that up to approximately 21.8% of Eco's then issued share capital will be held by the shareholders of JHI. Upon Closing, JHI will have a cash balance of $1 million. Approximately 45% of the Common Shares to be issued to JHI shareholders will be subject to lock-up arrangements spanning 18 months following completion. The Acquisition is valued at approximately $52.3 million (approximately£39.0 million) based on the 30-day volume weighted average price of Eco's common shares on the TSX Venture Exchange ending on 9 March 2026 of CAD 0.7362.The Acquisition is valued at approximately £46.7 million (approximately $62.6 million) based on the mid-market closing price of the Company's Common Shares on the AIM market of the London Stock Exchange of £0.485 on 10 March 2026.
The transaction is subject to several closing conditions, including receipt of the requisite approvals from the TSX Venture Exchange, and the approval of two thirds of the votes cast by JHI Shareholders at a special meeting to be held to approve the Acquisition within the next four weeks. Completion is also subject, among other conditions, to the approval of a five-year licence extension on PL001, from FIG. The transaction is expected to closed in third quarter of 2026.
PillarFour Capital, Investment Banking Arm acted as financial advisor for Eco Oil & Gas Ltd. James Harris, James Bellman of Strand Hanson Limited acted as financial advisor for Eco Oil & Gas Ltd. Eco Oil & Gas Ltd. paid an amount of $0.62 million for financial advisor services to PillarFour Capital, Investment Banking Arm. Announcement • Mar 10
Eco (Atlantic) Oil & Gas Ltd. Announces Board Changes, Effective 27 March 2026 Eco (Atlantic) Oil & Gas Ltd. announced it is intended that Alice Carroll, VP Business Development, and Corporate Affairs and Chief Financial Officer Gadi Levin will step down from the Board and continue in their senior executive roles at the Company, and Mrs. Selma Usiku will retire from the Board but continue to serve on behalf of the Company as Vice Chairman of NAMPOA (Namibia Petroleum Operators Association). Accordingly, the aforementioned Directors have not put themselves forward for re-election at the shareholder meeting to be held on 27 March 2026. Announcement • Jan 30
Eco (Atlantic) Oil & Gas Ltd. has completed a Follow-on Equity Offering in the amount of £7.4 million. Eco (Atlantic) Oil & Gas Ltd. has completed a Follow-on Equity Offering in the amount of £7.4 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 26,909,091
Price\Range: £0.275
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Announcement • Jan 23
Eco (Atlantic) Oil & Gas Ltd. has filed a Follow-on Equity Offering in the amount of £0.74 million. Eco (Atlantic) Oil & Gas Ltd. has filed a Follow-on Equity Offering in the amount of £0.74 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 2,690,909
Price\Range: £0.275
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Announcement • Jan 21
Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Mar 27, 2026 Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Mar 27, 2026. Location: 217 queen street west, suite 401, ontario, m5r 0v2, toronto Canada Announcement • Nov 09
Eco (Atlantic) Oil & Gas Ltd. Announces Board and Executive Changes It is with the greatest sadness that we announced the sudden passing of Colin Kinley, a board member and Chief Operating Officer of Eco (Atlantic) Oil & Gas Ltd. The Board and Company express their sincere condolences to Karen, Cooper and Claire, and their extended family and friends. Colin had a distinguished career over more than 45 years in the mining and oil and gas frontier exploration industries. In addition to his co-founding role with Eco, and the wealth of knowledge and experience he has brought to the Company over the years, he has served as a valued director and senior executive of a number of publicly quoted companies, including Coro Mining, Marimaca Copper Corp. and Gunnison Copper, as well as leading his own teams as CEO and President at Kinley Exploration LLC and Jet Mining Pty LLC. Effective immediately Gil Holzman and Alice Carroll will assume all responsibilities over Eco's operational and technical teams and the company's country managers will report directly to the CEO. Announcement • Sep 01
Eco (Atlantic) Oil & Gas Ltd. Announces Chief Financial Officer Changes Eco (Atlantic) Oil & Gas Ltd. announced that long standing CFO Alan Rootenberg has announced his retirement, having worked with the Company since 2011. The Company would like to thank Alan for his efforts during his time at Eco and wishes him well in his retirement. Eco announced the appointment of Gadi Levin as CFO effective 2 September 2025. Gadi is a chartered accountant with over 20 years' of experience in both public and private equity markets. He has been a long-standing member of Eco's finance team, having previously held the role of Finance Director since 2016, working closely with Eco's executive team in support of the effective financial management of the Company. Announcement • May 07
Eco (Atlantic) Oil & Gas Ltd. Provides Update on Block 1, Orange Basin, South Africa Eco (Atlantic) Oil & Gas Ltd. update stakeholders on activities in its entry into Block 1 offshore South Africa, located in the proven and highly prospective Orange Basin. As previously announced, Eco, through its wholly owned subsidiary Azinam South Africa Limited("Azinam"), has entered into a Farm-In Agreement with Tosaco Energy (Proprietary) Limited to acquire a 75% Working Interest and Operatorship in Block 1 offshore South Africa. The Company is now in the final stages of securing the requisite Section 11 regulatory approval to complete the transfer of the interest and formalize operatorship, which is expected in the near term. Data Acquisition and Subsurface Intelligence: Eco has now completed the acquisition of Block 1's substantial volume of 3D and 2D legacy data from the Petroleum Agency South Africa ("PASA") This purchase includes: Two 3D seismic surveys totalling 3,500 km²(2,000 km² and 1,500 km²), 20,000+ line kilometres of 2D seismic, and Three key exploration well logs: AF-1, AO-1, and AE-1 (All drilled on the block). All data is of high-resolution quality and is processing-ready, with no reprocessing or reconditioning required. The seismic surveys offer full coverage across key structural and stratigraphic targets, from inboard gas-prone zones to outboard oil-charged systems. Historical Well Data and Hydrocarbon Shows: The block benefits from three legacy exploration wells drilled in the late 1980s by Soekor, South Africa's former state oil company. These include: AF-1: Confirmed gas discovery with tested flow rates of 32.4 MMscfd, AE-1: Encountered gas shows and oil indications, and AO-1: Provided key stratigraphic data and reservoir markers. All three wells were part of Soekor's regional Orange Basin program and offer critical calibration for seismic interpretation and future prospect de-risking. Strategic Asset Overview: Block 1 spans 19,929 km² offshore South Africa, directly abutting the Namibian border. The block extends from the shore to the continental shelf, some 175km offshore then to ~263 km out into deep water, encompassing a full margin transect from the shelf to deep water channel and fan complexes. Water depths range from shallow shelf (200 m) to deepwater (1,000 m), enabling a full spectrum of play types. The acreage is considered geologically analogous to the Kudu gas field to the north and sits immediately south of recent discoveries made by Galp Energia (Mopane), Shell (Graff, La Rona), TotalEnergies (Venus), and Rhino Resources (Capricornus 1-X light oil discovery). Operational Readiness: Eco will assume operatorship of the block upon final regulatory approval. As the current Exploration Right Budget and Work Plan does not involve field operations, the program proceeds without the need for additional environmental permitting for immediate interpretation and technical work to progress. Announcement • Jan 14
Eco (Atlantic) Oil & Gas Ltd. Announces Board Changes Africa Oil's representative, Oliver Quinn, has stepped down from Eco's Board of Directors with immediate effect. Consequently, Eco announced the appointment of Mrs. Emily Ferguson, aged 45, as a Non-Executive Director with immediate effect. Mrs. Ferguson brings 22 years of experience in the oil and gas industry, spanning technical, commercial, and senior leadership roles, with a particular focus on exploration assets. Most recently, she spent six years at TotalEnergies, where she served as VP of Exploration for Europe, the Middle East, North Africa, and Asia until August 2024. In this role, she was responsible for overseeing exploration activities across multiple regions. Before this, Emily was the lead negotiator for E&P asset divestments and acquisitions across Europe, South America, and Africa, with a particular emphasis on Southern and Eastern Africa. Prior to her time at TotalEnergies, Emily spent 12 years at Maersk Oil, where she held roles as Head of Kurdistan and Kazakhstan Exploration Assets, as well as Head of Kenya Exploration. She holds a BSc in Geology and Petroleum Geology and an MSc in Petroleum Geology from the University of Aberdeen, Scotland. Announcement • Oct 23
Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Dec 27, 2024 Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Dec 27, 2024. Announcement • Jan 22
Eco (Atlantic) Oil & Gas Ltd. Appoints Oliver Quinn as Non-Executive Director Eco (Atlantic) Oil & Gas Ltd. announced that On 2 January 2024, the Company announced that Dr Oliver Quinn had been elected as a Director of the Company subject to completion of the due diligence by Strand Hanson, the Company's Nominated Adviser, in accordance with the AIM Rules for Companies and Nominated Advisers. The Company confirmed at the aforementioned process has now been completed and Dr Oliver Quinn has been appointed to Eco's Board with immediate effect as the nominee Director of Africa Oil, which holds 14.84% of the Company's issued share capital. Dr Quinn was appointed as the Chief Commercial Officer of Africa Oil in September 2023, having previously been employed as Senior Vice President, Corporate Development at Kosmos Energy Ltd. Dr Quinn started his career at Shell and has 19 years of experience in the Oil & Gas industry.He is a graduate of the University of Manchester, where he studied for a BSc (Hons), Environmental & Resource Geology, and a graduate of the University of Edinburgh where hecompleted a PhD in Petroleum Science. While Dr Quinn replaces Keith Hill as Africa Oil's board nominee, the Board confirm that Mr. Hill has agreed to remain as a Non-Executive Director of the Company. Announcement • Oct 24
Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Dec 29, 2023 Eco (Atlantic) Oil & Gas Ltd., Annual General Meeting, Dec 29, 2023, at 10:00 Eastern Daylight. Announcement • Oct 10
Eco (Atlantic) Oil & Gas Ltd. Announces Board Changes Eco (Atlantic) Oil & Gas Ltd. announced the appointment of Miss Alice Carroll and Miss Selma Usiku as directors of the Company with immediate effect. Miss Alice Carroll is currently the company's Head of Corporate Sustainability and joins the Board as an Executive Director. Alice is an experienced international stakeholder and external relations professional, with over a decade of experience within the oil & gas industry. Alice is skilled in marketing strategy and project execution, leading communications, and external relations on country entries, asset acquisitions, and monetisation across a global portfolio. Alice previously worked with Azinor Catalyst, the UK focused Oil and Gas exploration company, before becoming the Global Marketing and Investor Relations Manager for the Seacrest Azimuth Group, managing all external and stakeholder relations across UK, Ireland, Namibia, South Africa, Brazil, Honduras and Indonesia. Miss Carroll holds a BSc First Class honours in Biology with Science and Society from the University of Manchester. Miss Carroll joins the Board as an Executive Director with immediate effect and will continue her role as Eco's Head of Corporate Sustainability. Miss Selma Usiku is an experienced exploration geologist with a history of working in South Africa and in both the Namibian Oil & Energy and diamond industries. Selma's experience is predominantly in exploration geoscience, geophysics, basin modelling, petroleum geology and earth sciences, from almost 10 years as an exploration geologist with Brazilian HRT and Azinam. Selma was directly involved in the wild cat wells that made Namibia's first technical discovery of hydrocarbons at the Wingat-1 Walvis Basin play opener in 2013. Selma is an active member of the Namibia Petroleum Operators Association and currently Exploration Geologist with Debmarine Namibia. Miss Usiku holds a Master of Science (MSc) focused in Petroleum Geoscience from Royal Holloway, University of London. In 2018, Selma received theGlobal Women Petroleum & Energy Club Award for Excellence in Africa, and she was an Ambassador for the Geoscience Council of Namibia in 2021. Miss Usiku joins the Board as a Non-Executive Director with immediate effect. Mr. Helmut Angula will retire as a Non-Executive Director of the company, having served on the board since November 2011, with immediate effect. Mr. Angula will remain with the company in the role of a senior advisor to the Board. 
