September 20, 2018 - 2:00 AM EDT
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Eco (Atlantic) Oil and Gas Ltd Announces Acquisition of Minority Interest in PAO Namibia




Eco (Atlantic) Oil and Gas Ltd Announces Acquisition of Minority Interest in PAO Namibia



Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the independent oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce that, through its wholly owned subsidiary Pan Africa Oil Namibia Holdings (Pty) Ltd. ("PAON Holdings"), it has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd ("PAO Namibia")from Amis Oil and Gas Ltd ("Amis") (the "Acquisition"). Following completion of the Acquisition, PAO Namibia will be a wholly owned subsidiary of the Company.

 

To view the full announcement, please click on the following link.

 

http://www.rns-pdf.londonstockexchange.com/rns/3322B_1-2018-9-19.pdf

 

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

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

Oliver Stansfield

Jonathan Evans

Robert Beenstock

 

 

Pareto Securities Limited (Joint Broker)

+44 (0) 20 7786 4370

Soren Clausen

+44 (0) 20 7786 4382

Davide Finelli

Matilda Mäkitalo

 

+44 (0) 20 7786 4398

+44 (0) 20 7786 4375

Blytheweigh (PR)

+44 (0) 20 7138 3204

Tim Blythe

Julia Tilley

Simon Woods

 

 

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.


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 [email protected] or visit www.rns.com.

 

END



To view the associated document to this release, please click on the following link:
public://news_release_pdf/EcoOil09202018.pdf



Source: Eco (Atlantic) Oil and Gas Ltd. (TSX Venture:EOG, LSE:ECO, OTC Bulletin Board:ECAOF)

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Source: FSCwire (September 20, 2018 - 2:00 AM EDT)

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