Eco (Atlantic) Oil & Gas Ltd V.EOG

No Presentation

[radcat]

They cancelled their presentations on Sept 19th and 20th because of the death of Queen Elizabeth. Really? Or is there another reason for the cancellation and this is a convenient excuse? The optics of this announcement is puzzling.
Eco (Atlantic) Oil and Gas Ltd. Announces Postponement of Investor Presentations

 

TORONTO, ON / ACCESSWIRE / September 9, 2022 / Due to recent events in the UK and conflicting travel schedules, Eco Atlantic ECO, (TSX V:EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, is postponing the investor evening planned for Monday, 19 September 2022 and the Investor Meet Company Presentation on 20 September 2022.

The Company plans to reschedule these events to take place early in Q4 2022, the dates for which will be announced in due course.

We share our sincere condolences with The Royal Family following the death of Her Majesty Queen Elizabeth II and to everyone mourning her loss.

 

 

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

Eco Atlantic Oil and Gas	c/o Celicourt [phone]
Gil Holzman, CEO Colin Kinley, COO Alice Carroll, Head of Corporate Sustainability	[phone]
Strand Hanson Limited (Financial & Nominated Adviser)	[phone]
James Harris James Bellman
Berenberg (Broker)	[phone]
Matthew Armitt Detlir Elezi
Echelon Capital (Financial Adviser N. America Markets)
Ryan Mooney  Simon Akit	[phone] [phone]
Celicourt (PR)	[phone]
Mark Antelme Jimmy Lea

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

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 km2 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 km2 in the Walvis Basin.

Offshore South Africa, Eco is Operator and holds a 50% working interest in Block 2B and a 20% Working Interest (to be increased to a 26.25% Working Interest, subject to Completion of the Acquisition announced 27 June 2022) in Blocks 3B/4B operated by Africa Oil Corp., totalling some 20,643 km2.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

SOURCE: Eco (Atlantic) Oil and Gas Ltd.

 

View source version on accesswire.com: 

https://www.accesswire.com/715409/Eco-Atlantic-Oil-and-Gas-Ltd-Announces-Postponement-of-Investor-Presentations

 

 

[minigoon]

that may have been the date of the funeral proceedings,

[radcat]

You don't get burried on two separate days. One will do. Pulling out of this event at "The Brewery" will likely cost money due to the short notice of this cancellation. Gil diidn't provide a recheduled date. And whats with "conflicting travel schedules". Doesn't Gil know when and where he is going? So why is this event really cancelled? Possibly a major news

[IceDog13]

Queen's funeral is on September 19. Not only do I and would expect most reasonable people would agree the presentation is cancelled due to this, it would be in very poor taste to move forward on this date. 

[AnMar]

I completely agree and hope others would also.

[Lonegaurdian19]

I wouldn't overthink it, as others have said it would be in poor taste given the death of Queen Elizabeth. Keep in mind it's postponed, I'd expect Gil to make an announcement after the Bereavement period is over to reassure shareholders looking for a face to face.