Eco Atlantic Oil & Gas

#ECO is pleased to provide an update on its acquisition of JHI Associates Inc. by way of a court-approved plan of arrangement. Additionally, JHI has successfully obtained an interim order - a key milestone in the transaction process which allows it to proceed with seeking final shareholders' approval. Pending shareholders' approval, Eco expects the transaction to close on or before the end of Q3 2026, upon which Eco will hold a 35% participating interest in PL001 offshore the Falkland Islands operated by Navitas Petroleum. Read the full announcement here: londonstockexchange.com/news-article/E…

#ECO President & CEO Gil Holzman shares insights in a new interview with Namibia Oil and Gas. In this conversation, Gil reflects on Eco’s 16-year journey operating in Namibia, highlighting the company’s deep-rooted presence and long-term commitment to the region. He also discusses the recent farm-down of Eco’s Namibian licences to BP, and how partnering with a global supermajor further strengthens Eco’s strategic position. The interview explores the significant upside potential of the Walvis Basin and the broader opportunity across Eco’s Namibian portfolio, reinforcing the company’s confidence in the region’s future as a key energy hub.

Key themes throughout the conference included the growing importance of collaboration, access to capital, and the role of experienced operators in advancing Namibia’s significant offshore potential, as evidenced by Eco's recent farm-down agreement in Namibia with @bp_plc. Thank you to @RICH_AFRICA for organising the conference and all those we connected with during the event.

#ECO was proud to participate in this year’s @NIEConference 2026, engaging with industry leaders, government stakeholders, and partners shaping the future of Namibia’s energy sector. During the event, President & CEO Gil Holzman joined a panel on energy investment, sharing insights on unlocking capital, building strategic partnerships and supporting sustainable sector growth, while VP Business Development & Corporate Affairs Alice Carroll moderated a timely discussion on Women in Energy Leadership, exploring how leadership is developed, challenged and strengthened across the industry.

#ECO President & CEO Gil Holzman will be speaking today at the Namibia International Energy Conference 2026. Gil will join an expert panel on ‘Energy Investment: Financing, Partnerships & Strategies for Growth’, where he'll share insights on unlocking capital, strengthening strategic partnerships, and driving growth across the energy sector. If you're attending #NIEC2026, be sure to join us for an insightful discussion with industry leaders.

#ECO's VP Business Development & Corporate Affairs, Alice Carroll, will be moderating the 'Women in Energy Leadership' panel today at the Namibia International Energy Conference 2026. This breakout session will explore what it takes to be an effective leader in today’s energy sector, from how leadership is built and tested, to how it continues to evolve, as well as the importance of supporting and empowering one another across the industry. All are welcome to attend, so please come along and bring your questions for what promises to be an engaging and insightful discussion.

#ECO is proud to be attending the Namibian International Energy Conference, connecting with industry leaders, government stakeholders, and valued partners driving the future of Namibia’s energy sector. This year’s conference feels especially significant following the announcement of Eco’s strategic farm-down agreement with bp, a key milestone that introduces a supermajor operator into our Namibian portfolio and signals an exciting new phase of exploration. Thank you to the organisers and everyone we have had the opportunity to engage with so far. We look forward to strengthening partnerships as we continue our journey in Namibia. #NIEC2026 | @NIEConference | @RICH_AFRICA Tironenn Kauluma | Alice Carroll | Selma Usiku | Gil Holzman

#ECO's farm down of its offshore Namibia licences to bp represents a major step forward in unlocking the value of its Walvis Basin portfolio. Key highlights: 🔹 A 60% participating interest farmed down across PEL97 (Cooper), PEL99 (Guy) and PEL100 (Tamar), with operatorship transferring to BP. 🔹 Eco retains a 25% interest in each licence, maintaining meaningful exposure to exploration upside. 🔹 Full carry of Eco’s retained interest through the current exploration phase, including partner interests. 🔹 A robust forward work programme, including seismic reprocessing on PEL97 and a minimum 3,000km² 3D seismic survey across PEL99 and PEL100. This transaction significantly reduces Eco’s funding commitments while bringing in a world-class operator to advance exploration across the highly prospective Walvis Basin.

#ECO is pleased to announce that it has signed an agreement to farm down a 60% participating interest across its offshore Namibia Petroleum Exploration Licenses to a wholly owned subsidiary of BP. This strategic transaction marks a significant milestone for Eco’s Namibian portfolio in the Walvis Basin, introducing a supermajor operator while materially reducing Eco’s capital exposure and retaining meaningful upside across all three licenses. The agreement further validates Eco’s long-standing belief in the basin’s prospectivity and aligns with its strategy of partnering with leading global operators to advance high-impact exploration assets. President and CEO of Eco, Gil Holzman: "This successful farm down of our Namibian Walvis Basin Licenses marks an incredible moment for Namibia, for Eco Atlantic and its shareholders.  This transaction is a clear demonstration of our strategy partnering with Supermajors and IOC’s, to derisk our portfolio while retaining material exposure to significant upside potential with very limited financial requirements from Eco.  Eco entered Namibia in 2011, with a firm belief of the Walvis basin subsurface potential, and we are proud to attract an IOC of BP’s calibre to further explore this prospective basin." Find the full announcement here: londonstockexchange.com/news-article/E…

#ECO is pleased to announce the result of its AGM and the appointment of Keith Hill as its Non-Executive Chairman, succeeding Peter Nicol who remains as a Non-Executive Director. Gil Holzman, President and CEO of Eco: "On behalf of the Board and everyone at Eco, I thank Peter Nicol for his leadership and dedication as Non-Executive Chairman since December 2022. Peter has provided invaluable guidance helping to steer the board of directors through a period of significant change across both the business and the wider industry." "Keith brings a strong and long industry experience, global network, and proven leadership, and we look forward to advancing our strategic goals focusing on growth, execution and high impact exploration and development with his support benefiting from his expertise as we advance our strategic priorities.” Read the full announcement here: londonstockexchange.com/news-article/E…

#ECO President and CEO Gil Holzman will be attending the Southern Africa Oil & Gas Conference 2026 in Cape Town this week. Gil will be speaking tomorrow on the panel “Orange Basin – From successive discoveries to development strategy”, alongside Travis Smithard (Rhino Resources), Magali Pailhe (TotalEnergies) and Nosizwe Nokwe-Macamo (SANPC). The discussion will be facilitated by Analene Enslin (S&P Global). The session will explore how recent discoveries in the Orange Basin are shaping the region’s development strategy and future energy potential. Find out more about the conference here: saoilandgasconference.africa

#ECO is pleased to see that South Africa’s Minister of Forestry, Fisheries and the Environment, Willie Aucamp, has confirmed the government will proceed with determining appeals related to environmental authorisations for offshore oil and gas exploration projects along the country’s west and south coasts, including Eco and its JV partners' EIA process for Block 3B/4B. The move aims to avoid further delays in the regulatory process while ensuring environmental governance and stakeholder oversight remain central to decision-making.  Read the announcement here: gov.za/news/media-sta…

#ECO is pleased to announce that it has signed a binding agreement with JHI Associates in which ECO has agreed to acquire 100% of JHI Associates Inc. This landmark acquisition complements Eco’s existing Atlantic Margin portfolio in Namibia and South Africa, whilst adding to its exposure offshore Guyana. Additionally, the acquisition positions Eco at the forefront of one of the most compelling offshore growth stories globally, the North Falkland Basin, alongside intended operator and strategic partner Navitas Petroleum. Gil Holzman, President and CEO of Eco: "Today’s announcement builds on the strong momentum we have generated since signing our framework agreement with Navitas in December 2025 and further strengthens our strategic Atlantic margin footprint in the North Falkland Basin.” Find the full announcement here: londonstockexchange.com/news-article/E…

#ECO is pleased to share that Navitas Petroleum, with whom Eco has signed a Framework Agreement related to several assets, has signed a definitive farm-in agreement with JHI Associates to acquire a 65% working interest in the PL001 North Falkland’s Basin Licence. Gil Holzman, Eco's President and CEO: "Navitas’ farm-in to this highly prospective field not only strengthens its presence offshore the Falkland Islands but further deepens our relationship, adding further shared acreage as part of our Strategic Partnership. Through our holding in JHI, Eco looks forward to working closely with Navitas to further the development of the licence, as we are doing in both Guyana and South Africa." Read the full announcement here: londonstockexchange.com/news-article/E…

#ECO announces its unaudited results for the three and nine month periods ended 31 December 2025. Gil Holzman, Eco's President and CEO: "This period saw Eco deliver a number of important strategic and financial milestones that have transformed our business and further strengthen our platform across the Atlantic Margins. [...] With a strengthened balance sheet, high-quality partners, and multiple catalysts across our jurisdictions, Eco is well positioned as we move into the rest of 2026 and beyond." Read the full announcement here: londonstockexchange.com/news-article/E…

#ECO was pleased to take part in the SpareBank 1 Markets 2026 Energy Conference in Oslo, Norway this week. CEO Gil Holzman presented and took part in the ‘Africa focused independents’ panel, where he discussed the significant exploration opportunities in Africa’s key hydrocarbon basins and Eco’s strategy to unlock value across its Atlantic Margin portfolio in Namibia and South Africa, as well as in Guyana and the Falkland Islands. Thank you to SpareBank 1 Markets and to all those who attended.

#ECO is pleased to share that Canaccord Genuity has initiated research coverage on the Company. The initiation of coverage reflects the growing investor interest in Eco's strong portfolio of assets across the most exciting hydrocarbon jurisdictions in the world. Find Canaccord’s initiation note and more equity research on Eco via Research Tree: research-tree.com

#ECO CEO Gil Holzman will be speaking at the Sparebank 1 Markets 2026 Energy Conference this week in Oslo, Norway. Gil will take part in the ‘Africa focused independents’ panel on Wednesday 25 February, where he will discuss the opportunity set across Africa’s exploration landscape and Eco’s strategy to unlock value across its portfolio of assets in Namibia and South Africa. Find out more about the conference here: sb1markets.com/EnergyConferen…

#ECO’s common shares will be migrated to the LSE's SETS trading platform, enabling international institutional investors to trade Eco’s shares on a continuous basis. Read the announcement here: londonstockexchange.com/news-article/E…

"Africa and South America are true Atlantic twins, bound by a shared geological history" - #ECO CEO Gil Holzman Global majors are moving decisively to secure the next wave of frontier exploration opportunities and West and Southern Africa are firmly in the spotlight. As highlighted by Eco Atlantic CEO Gil Holzman in a recent report from @Reuters, the Atlantic Margin continues to demonstrate compelling geological opportunities, with recent discoveries and drilling reinforcing its status as the most exciting oil and gas frontier in the world. Eco Atlantic’s assets are strategically positioned at the heart of these developments as supermajors continue to add to their acreage and further grow their exploration portfolios. Read the article here: reuters.com/business/energ…