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Eco (Atlantic) Oil and Gas Ltd.

Transaction in Own Shares Dec 29, 2022

10474_agm-r_2022-12-29_7ff7ab9e-901a-4641-b45e-b40666a5c892.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 2441L

Eco (Atlantic) Oil and Gas Ltd.

29 December 2022

29 December 2022

ECO (ATLANTIC) OIL & GAS LTD.

("Eco," "Eco Atlantic," "Company," or together with its subsidiaries, the "Group")

Result of AGM

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces that all resolutions were duly passed by shareholders at the Company's Annual General Meeting held in Toronto, Canada earlier today.

**ENDS**

For more information, please visit www.ecooilandgas.com or contact the following:

Eco Atlantic Oil and Gas c/o Celicourt +44 (0) 20 8434 2754
Gil Holzman, CEO

Colin Kinley, COO

Alice Carroll, Head of Corporate Sustainability
+44(0)781 729 5070
Strand Hanson (Financial & Nominated Adviser) +44 (0) 20 7409 3494
James Harris

James Bellman
Berenberg (Broker) +44 (0) 20 3207 7800
Matthew Armitt

Detlir Elezi
Echelon Capital (Financial Adviser N. America Markets)
Ryan Mooney 

Simon Akit
+1 (403) 606 4852

+1 (416) 8497776
Celicourt (PR) +44 (0) 20 8434 2754
Mark Antelme

Jimmy Lea

Notes to editors:

About Eco Atlantic:

Eco Atlantic is a TSX-V and AIM-quoted Atlantic Margin-focused oil & gas exploration company with offshore license interests in Guyana, Namibia, and South Africa. Eco aims to deliver material value for its stakeholders through its role in the energy transition to explore for low carbon intensity oil and gas in stable emerging markets close to infrastructure. 

Offshore Guyana in the proven Guyana-Suriname Basin, the Company holds a 15% Working Interest in the 1,800 km2 Orinduik Block Operated by Tullow Oil. In Namibia, the Company holds Operatorship and an 85% Working Interest in four offshore Petroleum Licences: PELs: 97, 98, 99, and 100, representing a combined area of 28,593 km2 in the Walvis Basin. 

Offshore South Africa, Eco is Operator and holds a 50% working interest in Block 2B and a 26.25% Working Interest in Block 3B/4B operated by Africa Oil Corp., totalling some 20,643 km2. 

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END

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