Eco (Atlantic) Oil & Gas Ltd., also referred to as Eco, Eco Atlantic or simply the Company, along with its subsidiaries, collectively known as the Group, is elated to announce that they have received governmental approval for a 6.25% farm. This marks a significant milestone in the expansion and diversification of the Group's operations across the globe.
1. Eco (Atlantic) Oil & Gas Ltd. and its subsidiaries, known as the Group, have received governmental approval for a 6.25% farm.
2. The approval marks a significant milestone in the global expansion and diversification of the Group's operations.
3. Eco Atlantic has expressed great satisfaction with the government's approval, describing it as a tremendous vote of confidence in the Group's capabilities.
4. The 6.25% farm approval will accelerate the company's oil and gas production activities and facilitate a more sustainable expansion into other energy sectors.
5. The approval was granted following a rigorous review of the Company's strategic plans, operational capabilities, and commitment to environmental sustainability.
In 2021, Eco (Atlantic) Oil & Gas Ltd received governmental approval for a 6.25% farm, signalling a major step in their global expansion and diversification of operations.
Following this crucial development, Eco Atlantic has expressed immense satisfaction with the government's approval. The approval grants Eco Atlantic a 6.25% farm, a significant milestone for the company. This substantial footing will not only accelerate the Company's oil and gas production activities, but it will also facilitate a more sustainable expansion into other energy sectors. The management has described this as a tremendous vote of confidence in the Group's ability to deliver on its promises. The approval comes after a rigorous review of the Company's strategic plans, operational capabilities, and commitment to environmental sustainability.