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Eco (Atlantic) Oil & Gas Presenting at Africa Oil Week Conference

Monday, 23 October 2017 02:00 AM

Eco (Atlantic) Oil & Gas Ltd.

TORONTO, ONTARIO / ACCESSWIRE / October 23, 2017 / 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.

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 percent working interest alongside Tullow Oil (60 percent) 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 licenses totaling approximately 25,000 km2 with over 2.3 billion barrels of prospective P50 resources in the Wallis and Lüderitz Basins. These four licenses, 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.

SOURCE: Eco (Atlantic) Oil & Gas Ltd.

Topic:
Company Update
Conferences
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