Company Overview

Eco (Atlantic) Oil & Gas Ltd. is an international oil and gas exploration company focused on offshore petroleum systems along the Atlantic Margin. The company operates in the oil and gas exploration industry, with activities centered on the acquisition, interpretation, and monetization of offshore exploration licenses. Its business model emphasizes early-stage geological and geophysical analysis to identify high-impact prospects, followed by farm-out agreements with larger industry partners to fund drilling and development. The company’s primary revenue drivers are the creation of value through exploration success, license transactions, and potential carried interests rather than production-based cash flow.

Founded in 2011, Eco (Atlantic) was established to capitalize on underexplored offshore basins with geological similarities to proven hydrocarbon provinces. The company has built a portfolio primarily in offshore Africa and South America, positioning itself as a frontier exploration specialist. Its strategic advantage lies in securing large acreage positions at relatively low entry costs and leveraging technical expertise to attract major oil companies as partners.

Business Operations

Eco (Atlantic)’s operations are organized around offshore exploration licenses, with core business activities including seismic data acquisition, geological interpretation, regulatory compliance, and partnership development. The company does not currently operate producing assets; instead, it advances exploration blocks through technical de-risking and strategic farm-outs. Its principal operating assets include offshore licenses in Namibia, Guyana, and South Africa, where it holds varying working interests and operatorship roles depending on the block.

The company’s assets are primarily offshore and capital-light, relying on third-party service providers for seismic and technical work. Eco (Atlantic) has entered into partnerships with established international oil companies to share exploration risk and funding obligations. These arrangements are central to its revenue generation strategy and allow the company to maintain exposure to exploration upside while limiting balance sheet risk.

Strategic Position & Investments

Eco (Atlantic)’s strategic direction is focused on high-impact frontier basins along the Atlantic Margin, particularly those that have demonstrated recent exploration success by industry peers. Growth initiatives center on advancing existing licenses through additional seismic analysis, securing extensions or new acreage, and completing farm-out transactions with larger operators. The company has also pursued selective acquisitions of additional offshore interests where geological data suggests material upside.

The company’s portfolio reflects exposure to emerging offshore provinces, particularly in Namibia, which has attracted significant global attention following major discoveries in adjacent blocks. Eco (Atlantic) does not maintain a diversified investment portfolio outside upstream exploration; instead, it concentrates capital and management resources on a limited number of high-potential licenses. Data on future acquisitions or capital commitments beyond disclosed licenses is inconclusive based on available public sources.

Geographic Footprint

Eco (Atlantic) operates across multiple international jurisdictions, with a geographic focus on Southern Africa and South America. Its headquarters are located in Canada, while operational activities are conducted offshore in Namibia, South Africa, and Guyana. These regions represent the core of the company’s technical and strategic focus and are supported by local regulatory engagement and regional partnerships.

The company’s international footprint is characterized by frontier and emerging hydrocarbon basins rather than mature producing regions. Eco (Atlantic)’s presence in these areas provides exposure to globally relevant exploration trends, while its lean corporate structure allows centralized management oversight across continents. The company does not report material operations in North America or Europe beyond corporate and administrative functions.

Leadership & Governance

Eco (Atlantic) was co-founded by industry professionals with experience in international exploration, and leadership remains closely aligned with the company’s founding strategy. Management emphasizes disciplined capital allocation, geological rigor, and partnership-driven growth. The board and executive team combine technical, financial, and capital markets expertise relevant to early-stage exploration companies.

Key executives include:

• Gil Holzman – Chief Executive Officer
• Colin Kinley – Chief Operating Officer
• Michael German – Chief Financial Officer
• Alan Linn – Non-Executive Chairman

Public disclosures indicate that governance practices are aligned with the requirements of the AIM, TSX Venture Exchange, and SEC filings, with oversight focused on risk management, capital discipline, and shareholder alignment. Some details regarding executive committee structure and internal decision-making processes are inconclusive based on available public sources.