TIDMECO

Eco (Atlantic) Oil and Gas Ltd.

11 January 2023

11 January 2023

ECO (ATLANTIC) OIL & GAS LTD.

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

Website Update and New ESG Policies

Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX -- V: EOG) , the oil and gas exploration company focused on the offshore Atlantic Margins, announces, in preparation for an active year ahead, the launch of its upgraded corporate website, which is now live at: www.ecooilandgas.com

Environmental, Social and Governance ("ESG") considerations play an integral role in all aspects of Eco's strategy and operations, and it is noted that the website now includes an in-depth section on the Company's ESG principles and policies.

**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                                         +1 (403) 606 4852 
  Simon Akit                                          +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 km(2) 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 km(2) 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 20,643km (2) .

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END

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January 11, 2023 05:00 ET (10:00 GMT)

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