Eco (Atlantic) Oil and Gas Ltd. Announces Results for Three & Six Months Ended 30 Sept 2023
Eco (Atlantic) Oil and Gas Ltd. Announces Results for Three & Six Months Ended 30 Sept 2023
TORONTO, ON / ACCESSWIRE / November 30, 2023 / Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce its results for the three and six month periods ended 30 September 2023.
安大略省多伦多/ACCESSWIRE/2023年11月30日/专注于大西洋海上利润率的石油和天然气勘探公司Eco(大西洋)石油与天然气有限公司(AIM: ECO)(多伦多证券交易所-V: EOG)欣然宣布其截至2023年9月30日的三个月和六个月期间的业绩。
Highlights:
亮点:
Financials (as at 30 September 2023)
财务状况(截至 2023 年 9 月 30 日)
- The Company had cash and cash equivalents of US$3.85 million and no debt.
- The Company had total assets of US$51.0 million, total liabilities of US$1.71 million and total equity of US$49.30 million.
- 该公司的现金和现金等价物为385万美元,没有债务。
- 该公司的总资产为5,100万美元,总负债为171万美元,总权益为4,930万美元。
Operations:
操作:
Guyana
圭亚那
- On 10 August 2023, the Company signed a Sale Purchase Agreement for its wholly owned subsidiary, Eco Guyana Oil and Gas (Barbados) Limited to acquire a 60% Operated Interest in Orinduik Block, offshore Guyana, through the acquisition of Tullow Guyana B.V., a wholly owned subsidiary of Tullow Oil Plc. in exchange for a combination of upfront cash and contingent consideration (the "Transaction").
- 2023年8月10日,该公司签署了其全资子公司圭亚那生态石油和天然气(巴巴多斯)有限公司的销售购买协议,通过收购塔洛石油公司的全资子公司塔洛圭亚那B.V.,以换取前期现金和或有对价(“交易”)的组合,收购圭亚那近海奥林杜克区块60%的运营权益。
Post-period end:
期后结束:
- On 15 November 2023, Eco announced that the Company had received Government approval for the transfer of 60% Working Interest and Operatorship in the offshore Orinduik Block in Guyana from the Minister of Natural Resources, Cooperative Republic of Guyana.
- On 21 November 2023, the Company announced completion of the Transaction, upon which Eco became the designated Operator of the Orinduik Block and increase its aggregate Participating Interest to 75%, held via Eco Orinduik B.V. (60%) and Eco (Atlantic) Guyana Inc (15%). TOQAP Guyana B.V continues to hold a Participating Interest of 25%.
- A formal farm-out process for the Orinduik Block has commenced and the Company expects to provide further updates in due course.
- 2023年11月15日,Eco宣布,公司已获得圭亚那合作共和国自然资源部长的政府批准,转让圭亚那奥林杜克海上区块60%的营运权益和运营权。
- 2023年11月21日,该公司宣布完成交易,此后,Eco成为奥林杜克区块的指定运营商,并将其参与权总额提高至75%,通过Eco Orinduik B.V.(60%)和Eco(大西洋)圭亚那公司(15%)持有。TOQAP 圭亚那公司继续持有25%的分红权益。
- Orinduik区块的正式分包程序已经开始,该公司预计将在适当时候提供进一步的最新情况。
South Africa
南非
Block 3B/4
方块 3B/4
- On 17 July 2023, the Company issued 1,200,000 shares to the Lunn Family Trust in place of the US$500,000 cash consideration due in respect of the acquisition of the 6.25% interest in Block3B/4B from the Lunn Family Trust as previously announced on 27 June 2022.
- On 11 July 2023, the Company signed a legally binding Letter of Intent with Africa Oil to farm out a 6.25% Participating Interest in Block 3B/4B, offshore South Africa for up to US$10.5 million in cash. On 14 August 2023, the parties signed the final Assignment and Transfer agreement. Additional US$2.5m cash consideration is expected to be received upon Government of SA approval of the transfer, with the initial consideration of US$2.5m already having been received.
- Government of SA approval and therefore the $2.5m cash payment from Africa Oil are expected to be received by year end 2023.
- The JV partners continue to progress a farm-out, in conjunction with preparations for a two well drilling campaign on the Block. Further updates will be made as appropriate.
- 2023年7月17日,公司向隆恩家族信托基金发行了120万股股票,以取代先前于2022年6月27日宣布的从隆恩家族信托收购Block3B/4B6.25%权益而到期的50万美元现金对价。
- 2023年7月11日,该公司与非洲石油公司签署了一份具有法律约束力的意向书,将南非近海3B/4B区块6.25%的参与权益分包,最高可达1,050万美元的现金。2023 年 8 月 14 日,双方签署了最终的转让和转让协议。在南澳州政府批准转让后,预计将收到额外的250万美元现金对价,250万美元的初始对价已经收到。
- 南非政府的批准,因此预计将在2023年年底之前收到来自非洲石油公司的250万美元现金付款。
- 合资合作伙伴继续推进开采工作,同时为该区块的两口井钻探活动做准备。将酌情进行进一步的更新。
Block 2B
区块 2B
- Eco has applied for a Production Right Application to the Petroleum Agency of South Africa, for Block 2B, and continues to assess opportunities available to deliver value from this licence for the benefit of stakeholders.
- Eco已向南非石油局申请了2B区块的生产权申请,并将继续评估从该许可证中创造价值以造福利益相关者的机会。
Namibia
纳米比亚
- Following media reports that significant multi-well drilling campaigns are about to be undertaken offshore Namibia, Eco continues to receive third party interest in its strategic acreage position offshore Namibia.
- The Company continues to assess farm out opportunities with its four licences in the region as it considers options for progressing exploration and commercial activity on its acreage.
- 在媒体报道纳米比亚近海即将进行大规模的多井钻探活动之后,Eco继续因其在纳米比亚近海的战略种植面积而获得第三方的利益。
- 该公司在考虑在其土地上进行勘探和商业活动的备选方案时,继续评估其在该地区的四个许可证的分包机会。
Board Changes:
董事会变动:
- Post period end, on October 9, 2023, the Company announced the appointment of Miss Alice Carroll and Miss Selma Usiku as executive and non-executive directors respectively of the Company with immediate effect, with Helmut Angula retiring from the Board.
- 期末后,公司于2023年10月9日宣布任命爱丽丝·卡罗尔小姐和塞尔玛·乌西库小姐分别为公司的执行和非执行董事,即时生效,赫尔穆特·安古拉将从董事会退休。
Gil Holzman, President and Chief Executive Officer of Eco Atlantic, commented:
Eco Atlantic总裁兼首席执行官吉尔·霍尔兹曼评论说:
"We have made progress on all fronts across our exploration portfolio in 2023. The most notable development was the acquisition of a 60% Working Interest in the Orinduik Block, offshore Guyana, from a subsidiary of Tullow Oil Plc. This transaction made Eco the Operator of the licence and brings our total stake in the Block to 75%. We have already commenced with a farm-out process and opened a data room, receiving early interest from a number of multi-national oil and gas companies.
“2023年,我们在勘探组合的各个方面都取得了进展。最值得注意的事态发展是从塔洛石油公司的子公司收购了圭亚那近海奥林杜克区块60%的营运权益。这笔交易使Eco成为该许可证的运营商,使我们在该区块的总股份达到75%。我们已经开始了分包流程,并开设了一个数据室,收到了许多跨国石油和天然气公司的早期兴趣。
"Also, offshore South Africa, we continue to progress plans for a two-well campaign on Block 3B/4B in parallel to continuing farm-out discussions with various large industry partners. In Namibia, we continue to receive incoming interest with regard to our highly strategic acreage position, which has increased following recent media reports of multi-well drilling campaigns being lined up.
“此外,在南非近海,我们将继续推进在3B/4B区块进行两口井活动的计划,同时继续与各大型行业合作伙伴进行分包讨论。在纳米比亚,我们高度战略性的土地地位继续受到越来越多的关注。在最近媒体报道多井钻探活动正在进行之后,这一地位有所增加。
"In closing, the last two quarters of 2023 have been a highly active period for us, and we look forward to sharing further updates on the ongoing farm out workstreams and drilling plans with our stakeholders as and when we are in a position to do so."
“最后,2023年最后两个季度对我们来说是一个非常活跃的时期,我们期待在有条件的情况下与利益相关者分享正在进行的分包工作流程和钻探计划的进一步最新情况。”
The Company's unaudited financial results and Management's Discussion and Analysis for the three and six months ended 30 September 2023 are available for download on the Company's website at and on Sedar at .
公司截至2023年9月30日的三个月和六个月的未经审计的财务业绩和管理层的讨论和分析可在以下网址下载 公司的 网站位于Sedar和Sedar上,网址为.
The following are the Company's Balance Sheet, Income Statements, Cash Flow Statement and selected notes from the annual Financial Statements. All amounts are in US Dollars, unless otherwise stated.
以下是公司的资产负债表、损益表、现金流量表和年度财务报表中的精选附注。除非另有说明,否则所有金额均以美元为单位。
Balance Sheet
资产负债表
September 30, |
March 31, |
||
2023 |
2023 |
||
Assets | |||
Current Assets | |||
Cash and cash equivalents | 3,850,448 |
4,110,734 |
|
Short-term investments | 13,107 |
13,107 |
|
Government receivable | 30,550 |
22,494 |
|
Amounts owing by license partners, net | - |
477,578 |
|
Accounts receivable and prepaid expenses | 164,142 |
1,529,451 |
|
Total Current Assets | 4,058,247 |
6,153,364 |
|
Non- Current Assets | |||
Investment in associate | 8,279,820 |
8,612,267 |
|
Petroleum and natural gas licenses | 38,668,895 |
40,852,020 |
|
Total Non-Current Assets | 46,948,715 |
49,464,287 |
|
Total Assets | 51,006,962 |
55,617,651 |
|
Liabilities | |||
Current Liabilities | |||
Accounts payable and accrued liabilities | 1,410,571 |
4,416,789 |
|
Advances from and amounts owing to license partners, net | 298,775 |
286,553 |
|
Warrant liability | - |
261,720 |
|
Total Current Liabilities | 1,709,346 |
4,965,062 |
|
Total Liabilities | 1,709,346 |
4,965,062 |
|
Equity | |||
Share capital | 122,088,498 |
121,570,983 |
|
Restricted Share Units reserve | 920,653 |
920,653 |
|
Warrants | 14,778,272 |
14,778,272 |
|
Stock options | 2,900,501 |
2,804,806 |
|
Foreign currency translation reserve | (1,744,484) |
(1,458,709) |
|
Accumulated deficit | (89,645,824) |
(87,963,416) |
|
Total Equity | 49,297,616 |
50,652,589 |
|
Total Liabilities and Equity | 51,006,962 |
55,617,651 |
9月30日 |
3月31日 |
||
2023 |
2023 |
||
资产 | |||
流动资产 | |||
现金和现金等价物 | 3,850,448 |
4,110,734 |
|
短期投资 | 13,107 |
13,107 |
|
政府应收账款 | 30,550 |
22,494 |
|
许可证合作伙伴所欠的金额,净额 | - |
477,578 |
|
应收账款和预付费用 | 164,142 |
1,529,451 |
|
流动资产总额 | 4,058,247 |
6,153,364 |
|
非流动资产 | |||
对联营公司的投资 | 8,279,820 |
8,612,267 |
|
石油和天然气许可证 | 38,668,895 |
40,852,020 |
|
非流动资产总额 | 46,948,715 |
49,464,287 |
|
总资产 | 51,006,962 |
55,617,651 |
|
负债 | |||
流动负债 | |||
应付账款和应计负债 | 1,410,571 |
4,416,789 |
|
来自许可证合作伙伴的预付款和应付给许可证合作伙伴的金额,净额 | 298,775 |
286,553 |
|
认股权证责任 | - |
261,720 |
|
流动负债总额 | 1,709,346 |
4,965,062 |
|
负债总额 | 1,709,346 |
4,965,062 |
|
公平 | |||
股本 | 122,088,498 |
121,570,983 |
|
限制性股票单位储备 | 920,653 |
920,653 |
|
认股证 | 14,778,272 |
14,778,272 |
|
股票期权 | 2,900,501 |
2,804,806 |
|
外币折算储备 | (1,744,484) |
(1,458,709) |
|
累计赤字 | (89,645,824) |
(87,963,416) |
|
权益总额 | 49,297,616 |
50,652,589 |
|
负债和权益总额 | 51,006,962 |
55,617,651 |
Income Statement
损益表
Three months ended |
Six months ended |
||||||
September 30, |
September 30, |
||||||
2023 |
2022 |
2023 |
2022 |
||||
Revenue | |||||||
Interest income | 21 |
36,325 |
1,686 |
56,452 |
|||
21 |
36,325 |
1,686 |
56,452 |
||||
Operating expenses: | |||||||
Compensation costs | 236,556 |
210,605 |
420,998 |
479,914 |
|||
Professional fees | 202,557 |
240,894 |
298,560 |
460,579 |
|||
Operating costs, net | 411,201 |
11,097,960 |
761,381 |
13,041,411 |
|||
General and administrative costs | 160,569 |
350,864 |
273,042 |
608,154 |
|||
Share-based compensation | (15,817) |
750,667 |
95,695 |
1,751,886 |
|||
Foreign exchange loss | 139,795 |
690,794 |
99,745 |
975,221 |
|||
Total operating expenses | 1,134,861 |
13,341,784 |
1,949,421 |
17,317,165 |
|||
Operating loss | (1,134,840) |
(13,305,459) |
(1,947,735) |
(17,260,713) |
|||
Gain on settlement of liability | (200,640) |
- |
(200,640) |
- |
|||
Fair value change in warrant liability | - |
415,712 |
261,720 |
1,846,696 |
|||
Share of losses of company accounted for at equity | (166,223) |
(92,302) |
(332,447) |
(184,605) |
|||
Net loss for the period from continuing operations, before taxes | (1,501,703) |
(12,982,049) |
(2,219,102) |
(15,598,622) |
|||
Tax recovery | 536,694 |
- |
536,694 |
- |
|||
Net loss for the period from continuing operations. After taxes | (965,009) |
(12,982,049) |
(1,682,408) |
(15,598,622) |
|||
Loss from discontinued operations, after-tax | - |
(800,210) |
- |
(898,323) |
|||
Net loss for the period | (965,009) |
(13,782,259) |
(1,682,408) |
(16,496,945) |
|||
Foreign currency translation adjustment | 9,901 |
(441,472) |
(285,775) |
(553,102) |
|||
Comprehensive loss for the period | (955,108) |
(14,223,731) |
(1,968,183) |
(17,050,047) |
|||
Basic and diluted net loss per share: | |||||||
from continuing operations | (0.004) |
(0.038) |
(0.006) |
(0.049) |
|||
from discontinued operations | (0.000) |
(0.002) |
(0.000) |
(0.003) |
|||
Weighted average number of ordinary shares used in computing basic and diluted net loss per share | 369,421,234 |
343,966,022 |
368,390,620 |
319,575,745 |
三个月已结束 |
六个月已结束 |
||||||
9月30日 |
9月30日 |
||||||
2023 |
2022 |
2023 |
2022 |
||||
收入 | |||||||
利息收入 | 21 |
36,325 |
1,686 |
56,452 |
|||
21 |
36,325 |
1,686 |
56,452 |
||||
运营费用: | |||||||
补偿成本 | 236,556 |
210,605 |
420,998 |
479,914 |
|||
专业费用 | 202,557 |
240,894 |
298,560 |
460,579 |
|||
运营成本,净额 | 411,201 |
11,097,960 |
761,381 |
13,041,411 |
|||
一般费用和管理费用 | 160,569 |
350,864 |
273,042 |
608,154 |
|||
基于股份的薪酬 | (15,817) |
750,667 |
95,695 |
1,751,886 |
|||
外汇损失 | 139,795 |
690,794 |
99,745 |
975,221 |
|||
运营费用总额 | 1,134,861 |
13,341,784 |
1,949,421 |
17,317,165 |
|||
营业亏损 | (1,134,840) |
(13,305,459) |
(1,947,735) |
(17,260,713) |
|||
清偿负债的收益 | (200,640) |
- |
(200,640) |
- |
|||
认股权证负债的公允价值变化 | - |
415,712 |
261,720 |
1,846,696 |
|||
按权益计入的公司亏损份额 | (166,223) |
(92,302) |
(332,447) |
(184,605) |
|||
该期间持续经营的税前净亏损 | (1,501,703) |
(12,982,049) |
(2,219,102) |
(15,598,622) |
|||
税收回收 | 536,694 |
- |
536,694 |
- |
|||
该期间持续经营的净亏损。税后 | (965,009) |
(12,982,049) |
(1,682,408) |
(15,598,622) |
|||
已终止业务的税后亏损 | - |
(800,210) |
- |
(898,323) |
|||
该期间的净亏损 | (965,009) |
(13,782,259) |
(1,682,408) |
(16,496,945) |
|||
外币折算调整 | 9,901 |
(441,472) |
(285,775) |
(553,102) |
|||
该期间的全面损失 | (955,108) |
(14,223,731) |
(1,968,183) |
(17,050,047) |
|||
基本和摊薄后的每股净亏损: | |||||||
来自持续运营 | (0.004) |
(0.038) |
(0.006) |
(0.049) |
|||
来自已终止的业务 | (0.000) |
(0.002) |
(0.000) |
(0.003) |
|||
用于计算每股基本亏损和摊薄净亏损的普通股加权平均数 | 369,421,234 |
343,966,022 |
368,390,620 |
319,575,745 |
Cash Flow Statement
现金流量表
Six months ended |
|||
September 30, |
|||
2023 |
2022 |
||
Cash flow from operating activities - continued operations | |||
Net loss from continuing operations | (1,682,408) |
(15,598,622) |
|
Items not affecting cash: | |||
Share-based compensation | 95,695 |
1,751,886 |
|
Revaluation of warrant liability | (261,720) |
(1,846,696) |
|
Share of losses of companies accounted for at equity | 332,447 |
184,605 |
|
Changes in non‐cash working capital: | |||
Government receivable | (8,056) |
(5,169) |
|
Accounts payable and accrued liabilities | (2,805,578) |
1,601,059 |
|
Accounts receivable and prepaid expenses | 1,365,309 |
(948,297) |
|
Reallocation to discontinued operations cashflows | - |
419,113 |
|
Advance from and amounts owing to license partners | 489,800 |
1,486,236 |
|
Cash flow from operating activities - continued operations | (2,474,511) |
(12,955,885) |
|
Cash flow from operating activities - discontinued operations | - |
(1,069,617) |
|
Cash flow from investing activities | |||
Proceeds from Block 3B/4B farmout | 2,500,000 |
- |
|
Cash flow from investing activities - continued operations | 2,500,000 |
- |
|
Cash flow from financing activities | |||
Proceeds from private placements, net | - |
35,662,446 |
|
Exercise of stock options | - |
67,406 |
|
Cash flow from financing activities | - |
35,729,852 |
|
Increase in cash and cash equivalents | 25,489 |
21,704,350 |
|
Foreign exchange differences | (285,775) |
(553,102) |
|
Cash and cash equivalents, beginning of period | 4,110,734 |
3,438,834 |
|
Cash and cash equivalents, end of period | 3,850,448 |
24,590,082 |
六个月已结束 |
|||
9月30日 |
|||
2023 |
2022 |
||
经营活动产生的现金流——持续经营 | |||
持续经营业务的净亏损 | (1,682,408) |
(15,598,622) |
|
不影响现金的物品: | |||
基于股份的薪酬 | 95,695 |
1,751,886 |
|
认股权证负债的重估 | (261,720) |
(1,846,696) |
|
按权益计入的公司亏损份额 | 332,447 |
184,605 |
|
非现金营运资金的变化: | |||
政府应收账款 | (8,056) |
(5,169) |
|
应付账款和应计负债 | (2,805,578) |
1,601,059 |
|
应收账款和预付费用 | 1,365,309 |
(948,297) |
|
向已终止业务的现金流重新分配 | - |
419,113 |
|
来自许可合作伙伴的预付款和应付的款项 | 489,800 |
1,486,236 |
|
经营活动产生的现金流——持续经营 | (2,474,511) |
(12,955,885) |
|
经营活动产生的现金流——已终止的业务 | - |
(1,069,617) |
|
来自投资活动的现金流 | |||
3B/4B 区块分包的收益 | 2,500 |
- |
|
来自投资活动的现金流——持续经营 | 2,500 |
- |
|
来自融资活动的现金流 | |||
私募收益,净额 | - |
35,662,446 |
|
行使股票期权 | - |
67,406 |
|
来自融资活动的现金流 | - |
35,729,852 |
|
现金和现金等价物的增加 | 25,489 |
21,704,350 |
|
外汇差额 | (285,775) |
(553,102) |
|
现金和现金等价物,期初 | 4,110,734 |
3,438,834 |
|
现金和现金等价物,期末 | 3,850,448 |
24,590,082 |
Notes to the Financial Statements
财务报表附注
Basis of Preparation
准备基础
The consolidated financial statements of the Company have been prepared on a historical cost basis with the exception of certain financial instruments that are measured at fair value. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
公司的合并财务报表均按历史成本编制,但某些按公允价值计量的金融工具除外。历史成本通常基于为交换资产而提供的对价的公允价值。
Summary of Significant Accounting Policies
重要会计政策摘要
Critical accounting estimates
关键会计估计
Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized prospectively from the period in which the estimates are revised. The following are the key estimate and assumption uncertainties considered by management.
持续审查估计数和基本假设。对会计估计数的修订预计从修订估计数的期间起予以确认。以下是管理层考虑的关键估计和假设不确定性。
**ENDS**
**结束**
For more information, please visit or contact the following:
欲了解更多信息,请访问 或者联系以下人员:
Eco Atlantic Oil and Gas |
c/o Celicourt +44 (0) 20 8434 2754 |
Gil Holzman, CEO Colin Kinley, COO Alice Carroll, Executive Director |
+44(0)781 729 5070 |
Strand Hanson Limited (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 7770 6424 |
Mark Antelme Jimmy Lea |
大西洋生态石油和天然气 |
c/o Celicourt +44 (0) 20 8434 2754 |
首席执行官吉尔·霍尔兹曼 首席运营官科林·金利 爱丽丝·卡罗尔,执行董事 |
+44 (0) 781 729 5070 |
Strand Hanson Limited(财务和提名顾问) | +44 (0) 20 7409 3494 |
詹姆斯哈里 詹姆斯贝尔曼 |
|
贝伦贝格(经纪商) |
+44 (0) 20 3207 7800 |
马修·阿米特 Detlir Elezi |
|
Echelon Capital(北美市场财务顾问) |
|
瑞安·穆尼 西蒙·阿基特 |
+1 (403) 606 4852 +1 (416) 8497776 |
塞利库尔(PR) |
+44 (0) 20 7770 6424 |
马克·安特尔姆 吉米·李 |
Notes to editors:
编者注:
About Eco Atlantic:
关于生态大西洋:
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.
Eco Atlantic是一家专注于多伦多证券交易所和美国证券交易所上市的大西洋利润率的石油和天然气勘探公司,在圭亚那、纳米比亚和南非拥有离岸许可权益。Eco旨在通过其在能源转型中的作用,为利益相关者创造物质价值,在靠近基础设施的稳定新兴市场中探索低碳强度的石油和天然气。
Offshore Guyana in the proven Guyana-Suriname Basin, the Company is Operator and holds a 75% Working Interest in the 1,800 km2 Orinduik Block. 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.
该公司位于久经考验的圭亚那-苏里南盆地的圭亚那近海,是运营商,在1,800公里中持有75%的营运权益2 Orinduik Block。在纳米比亚,该公司持有四个海上石油许可证的运营权和85%的营运权益:PEL:97、98、99和100,代表沃尔维斯盆地的总面积为28,593平方千米。
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 20,643km2.
在南非近海,Eco是运营商,持有2B区块50%的营运权益,在非洲石油公司运营的3B/4B区块中持有26.25%的营运权益,总面积约为20,643km2。
Cautionary Notes:
注意事项:
This news release contains certain "forward-looking statements", including, without limitation, statements containing the words "will", "may", "expects", "intends", "anticipates" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectations, assumptions, and beliefs, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
本新闻稿包含某些 “前瞻性陈述”,包括但不限于包含 “将”、“可能”、“期望”、“打算”、“预期” 等词语的陈述以及其他构成适用证券法所指的 “前瞻性信息” 的类似表述。前瞻性陈述反映了公司当前的预期、假设和信念,并受到许多风险和不确定性的影响,这些风险和不确定性可能导致实际业绩与预期存在重大差异。这些前瞻性陈述完全受围绕未来预期的固有风险和不确定性的限制。
Important factors that could cause actual results to differ materially from expectations include, but are not limited to, general economic and market factors, competition, the effect of the global pandemic and consequent economic disruption, and the factors detailed in the Company's ongoing filings with the securities regulatory authorities, available at . Although forward-looking statements contained herein are based on what management considers to be reasonable assumptions based on currently available information, there can be no assurance that actual events, performance or results will be consistent with these forward-looking statements, and our assumptions may prove to be incorrect. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable laws.
可能导致实际业绩与预期存在重大差异的重要因素包括但不限于总体经济和市场因素、竞争、全球疫情和随之而来的经济混乱的影响,以及公司向证券监管机构持续提交的文件中详述的因素,可在以下网址查阅。尽管此处包含的前瞻性陈述基于管理层根据当前可用信息认为的合理假设,但无法保证实际事件、业绩或业绩将与这些前瞻性陈述一致,我们的假设可能被证明是不正确的。提醒读者不要过分依赖这些前瞻性陈述。除非适用法律要求,否则公司没有义务因新信息、未来事件或其他原因公开更新或修改任何前瞻性陈述。
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 rns@lseg.com or visit .
该信息由伦敦证券交易所的新闻服务RNS提供。RNS已获得金融行为监管局的批准,成为英国的主要信息提供商。与使用和分发此信息相关的条款和条件可能适用。欲了解更多信息,请联系 rns@lseg.com 或访问。
SOURCE: Eco (Atlantic) Oil and Gas Ltd.
来源:Eco(大西洋)石油和天然气有限公司