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CEO Interview & Updated Corporate Presentation

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Eco (Atlantic) Oil and Gas Ltd. has released an updated corporate presentation, highlighting progress across its portfolio. In South Africa, the company is actively pursuing a farm-out process for Block 1, supported by existing seismic data. Block 3B/4B is drill ready, with the JV target selected, but final environmental permitting is extended into 2026. In Namibia, Eco Atlantic is optimizing its portfolio through the farm-out of its interest in PEL 98 to Lamda Energy. PELs 97, 99, and 100 have received one-year extensions, pushing the initial exploration period to September 2026, including a 3D seismic survey. The company is expanding the scope of its cretaceous well farm-out process in Guyana to reassess the heavy oil potential of the Jethro discovery.

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Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), a leading independent oil and gas exploration company focused on the Atlantic Margin, is pleased to announce the release of an updated corporate presentation, providing shareholders with an overview of the Company's ongoing workstreams, farm-outs, and upcoming cash catalysts across Eco's portfolio, alongside a new interview with its President and Chief Executive Officer, Gil Holzman.

In the interview, Mr. Holzman discusses Eco's progress over 2025, its focus on advancing strategic acreage across Guyana, Namibia, and South Africa, and the near-term catalysts that the Company believes will deliver tangible results and value for shareholders.

Highlights:

South Africa

•Existing seismic data acquired and active farm-out process underway in Block 1.
•Block 3B/4B is drill ready and JV target selected. Wider regional legislative processes likely extending final environmental permitting timeline into 2026 ahead of spudding the first well.
Namibia
•Portfolio optimisation through the farm-out of Eco's interest in PEL 98 to Lamda Energy.
•One-year extensions for PELs 97, 99, 100, with the initial exploration period for the blocks now extended to September 2026 and to include 3D seismic survey.
Guyana
•Expanding remit of cretaceous well farm-out process to reevaluate the heavy oil potential of the Jethro discovery, considering ExxonMobil's Final Investment Decision (FID) for the development of the Hammerhead project in the Stabroek block.

Both the video interview and updated presentation can be viewed on the Company's website at:

For more information, please visit www.ecooilandgas.com or contact the following.

Eco Atlantic Oil and Gasc/o Celicourt +44 (0) 20 7770 6424

Gil Holzman, Chief Executive Officer Colin Kinley, Chief Operating Officer Alice Carroll, Head of Corporate Sustainability

Strand Hanson (Financial & Nominated Adviser)+44 (0) 20 7409 3494
James Harris James Bellman Edward Foulkes
Berenberg (Broker)+44 (0) 20 3207 7800
Matthew Armitt Ciaran Walsh Detlir Elezi
Celicourt (PR)+44 (0) 20 7770 6424

Mark Antelme Charles Denley-Myerson

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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