专注于大西洋近海油气勘探的Eco (Atlantic) Oil & Gas Ltd.欣然宣布截至2025年9月30日止三个月和六个月期间的未经审计业绩。

亮点：

财务

方面——截至2025年9月30日，公司持有现金及现金等价物210万美元，无负债。——截至2025年
9月30日，公司总资产1890万美元，总负债140万美元，总权益1760万美元。——
根据先前签署的权益转让协议，公司将在达到里程碑后从3B/4B区块合资伙伴处获得额外1150万美元。

南非

1 号区块 CBK

——2024 年 6 月 5 日，Eco 宣布收购南非奥兰治盆地近海 1 号区块 75% 的权益，并获得了政府颁发的产权证书和勘探权及作业权，最终确认于 2025 年 6 月 4 日。——
Eco 已获取现有地震数据，目前正在进行解释工作，同时积极推进权益转让流程。
“为纪念已故的Eco Atlantic联合创始人兼前首席运营官Colin Brent Kinley先生（他于2025年11月5日逝世），勘探权12/3/362的作业者Azinam South Africa Limited（“Azinam SA”）与其合资伙伴达成一致，已将南非近海1号区块更名为“CBK 1号区块”，自2025年11月17日起生效。”
“2025年11月19日，南非石油管理局批准将当地合资伙伴Tosaco Energy (Pty) Ltd持有的25%参与权益转让给OrangeBasin Energies (Pty) Ltd，后者是一家获得B-BBEE评级的南非实体。”

3B/4B区块

——2025年全年，Eco及其合资伙伴持续推进许可证工作计划和钻探准备工作，以期获得钻探许可证。作业者表示，目前的计划是在环境许可确认后立即在3B/4B区块钻探第一口勘探井，并已确定位于许可证区域北部的Nayla勘探区为潜在的首个钻探目标。——
根据先前签署的股权转让协议，公司将在达到里程碑后从3B/4B区块合资伙伴处获得额外的1150万美元。

纳米比亚

——作为Eco优化其在纳米比亚投资组合的一部分，公司已获得其在纳米比亚所有四个石油勘探许可证（PEL）的初始勘探阶段为期一年的许可证延期，并在等待政府批准的情况下，将其在PEL 98（2213区块“沙龙区块”）的全部工作权益转让给一家独立的纳米比亚全资公司Lamda Energy (Pty) Ltd（简称“Lamda Energy”）。——
公司在纳米比亚的许可证持续受到广泛关注，目前正在评估各种方案，以便在潜在的转让过程中进一步推进其勘探工作计划。

圭亚那

——公司仍在积极推进奥林杜克区块的转让流程。
鉴于埃克森美孚已就斯塔布鲁克区块的锤头鲨项目做出最终投资决定（FID），Eco正在评估圭亚那近海的杰斯罗-1和乔-1重油发现，以确定合适的评估方法。

期末

11月7日，公司宣布Eco Atlantic董事会成员兼首席运营官Colin Kinley先生不幸逝世。Kinley先生在采矿和油气勘探行业拥有超过45年的卓越职业生涯。除了作为Eco的联合创始人，以及多年来为公司带来的丰富知识和经验外，他还曾担任多家上市公司的董事和高级管理人员。Eco发布了
对其总裁兼首席执行官Gil Holzman的采访，讨论了Eco在2025年的发展进展，重点推进在圭亚那、纳米比亚和南非的战略性油气区块开发，以及公司认为能够为股东带来切实成果和价值的近期催化剂。
采访内容可在公司网站查看：https://www.ecooilandgas.com/investors/results-presentation/

Eco Atlantic总裁兼首席执行官Gil Holzman评论道：

“在此期间，Eco持续推进其战略，通过在关键油气前沿地区进行专注的投资组合管理来创造价值。在南非，我们已完成对奥兰治盆地1号区块75%权益及作业权的收购。加上我们已持有的极具前景的3B/4B区块权益，进一步巩固了我们在这一世界级油气产区的地位。在纳米比亚

，我们专注于优化投资组合，旨在最大限度地提高资产价值，并释放其潜力，从而造福我们的利益相关者。我们已成功将旗下所有四个勘探许可证（PEL）的期限延长一年，并与Lamda Energy达成协议，将PEL 98区块转让给Lamda Energy，这增强了我们投资组合的潜力，并深化了我们对纳米比亚本地所有权和运营领导的支持。”

“我们正全力推进圭亚那Orinduik区块的转让流程，并持续评估Jethro-1和Joe-1油田的重油潜力，这两个油田都蕴藏着令人振奋的开发机遇。

正如我们的利益相关者所知，我们怀着无比沉痛的心情宣布了Eco联合创始人兼首席运营官Colin Kinley先生的逝世。Colin先生是油气行业的中流砥柱，也是Eco全体员工的挚友，他的离世令我们深感惋惜。我和Alice Carroll将接任他的职务，我们将努力传承他卓越运营和勤勉尽责的优良传统。

展望2025年剩余时间和2026年，Eco已在全球三大最佳油气产区拥有稳固的国际布局，并明确了多个近期催化剂的路径，我们相信这些催化剂将为我们的股东创造长期价值。”

公司截至2025年9月30日止三个月和六个月期间的未经审计财务报表可在公司网站www.ecooilandgas.com和Sedar网站www.sedar.com下载。

以下为公司的资产负债表、利润表、现金流量表以及年度财务报表的部分附注。除非另有说明，所有金额均以美元计。

Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce its unaudited results for the three and six month periods ended 30 September 2025 .

Highlights:

Financial

• The Company had cash and cash equivalents of US$2.1 million and no debt as at 30 September 2025 .
• The Company had total assets of US$18.9 million , total liabilities of US$1.4 million and total equity of US$17.6 million as at 30 September 2025 .
• The Company is due to receive additional $11.5m from Block 3B/4B JV partners upon milestones in accordance with previously signed farm out agreements.

South Africa

Block 1 CBK

• On 5 June 2024 , Eco announced the acquisition of a 75% interest in Block 1 Offshore South Africa in the Orange Basin and received the Governmental Title Award and the Exploration Right and Operatorship, the final receipt of which was announced on 4 June 2025 .
• Eco has acquired existing seismic data and an interpretation process in parallel to an active farm-out process is underway.
• In honour of the late Colin Brent Kinley , Eco Atlantic's Co-Founder and former Chief Operating Officer, who passed away on November 5, 2025 , Azinam South Africa Limited (" Azinam SA "), the Operator of Exploration Right 12/3/362, in agreement with its Joint Venture Partner has renamed Block 1 Offshore South Africa to "Block 1 CBK" effective 17 November 2025.
• On 19 November 2025 , the Petroleum Agency of South Africa granted the Assignment and Transfer of a 25% participating interest from the local JV partner Tosaco Energy (Pty) Ltd to OrangeBasin Energies (Pty) ltd., a B-BBEE-rated South African entity.

Block 3B/4B

• Throughout 2025, Eco and its JV partners have continued to advance the license work programme and preparations for the drilling campaign in anticipation of drilling permit approval. The operator has stated that the current plan is to drill the first exploration well on Block 3B/4B as soon as Environmental Authorisation is confirmed and has identified Nayla, a prospect that lies in the north of the license area as the potential first drilling target.
• The Company is due to receive additional $11.5m from Block 3B/4B JV partners upon milestones in accordance with previously signed farm out agreements.

Namibia

• As part of Eco's efforts to optimise its portfolio in Namibia , the Company received a one year license extension to its initial exploration phase, across all four of its PELs (Petroleum Exploration Licence) in Namibia and, pending government approval, farmed out its entire Working Interest, in PEL 98 (Block 2213 " Sharon Block ") to an arms-length wholly Namibian-owned company, Lamda Energy (Pty) Ltd ("Lamda Energy").
• The Company continues to receive considerable interest in its licenses in Namibia and is currently assessing options to further progress its exploration work programmes amid a potential farm-out.

Guyana

• The Company remains engaged in an active farmout process for the Orinduik Block.
• In light of ExxonMobil's Final Investment Decision (FID) for the development of the Hammerhead project in the Stabroek block, Eco is evaluating the Jethro-1 and Joe-1 heavy oil discoveries offshore Guyana to determine the appropriate appraisal approach.

Post-period end

• On 7 November, the Company announced the sudden passing of Mr. Colin Kinley , a board member and Chief Operating Officer of Eco Atlantic . Mr. Kinley had a distinguished career spanning more than 45 years in the mining and oil and gas frontier exploration industries. In addition to his co-founding role with Eco, and the wealth of knowledge and experience he has brought to the Company over the years, he has served as a valued director and senior executive of numerous public companies.
• Eco published an interview with its President and Chief Executive Officer, Gil Holzman discussing 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.
• The interview can be viewed on the Company's website at: https://www.ecooilandgas.com/investors/results-presentation/

Gil Holzman , President and Chief Executive Officer of Eco Atlantic , commented:

"During the period Eco has continued to advance our strategy of building value through focused portfolio management in key hydrocarbon frontiers. In South Africa , we have now completed the acquisition of a 75% interest and operatorship in Block 1 in the Orange Basin . This, alongside our existing interest in the highly prospective Block 3B/4B, further consolidates our presence in a world-class hydrocarbon province.

"In Namibia, our focus has been on portfolio optimisation, aimed at maximising the value of our assets and unlocking their potential for the benefit of our stakeholders. We secured one-year extensions across all four of our PELs and agreed a farm-out of PEL 98 to Lamda Energy, reinforcing the potential of our portfolio and deepening our support for local ownership and operational leadership in Namibia.

"We remain fully engaged in the farm-out process for the Orinduik Block in Guyana and continue to evaluate the heavy oil potential of the Jethro-1 and Joe-1 discoveries, both of which present exciting development opportunities.

"As our stakeholders will be aware, it was with great sadness that we recently announced the passing of Eco's co-founder and Chief Operating Officer, Colin Kinley . A bastion of the oil and gas sector and a close friend to all of us at Eco, Colin will be missed dearly. With Alice Carroll and myself assuming his responsibilities, we will endeavour to continue his legacy of operational excellence and diligence.

"As we move through the remainder of 2025 and into 2026, Eco is well-positioned with an international footprint across three of the best hydrocarbon jurisdictions in the world, and a clear path toward multiple near-term catalysts that we believe will create long-term value for our shareholders."

The Company's unaudited financial statements for the three and six month periods ended 30 September 2025 is available for download on the Company's website at www.ecooilandgas.com and on Sedar at www.sedar.com.

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.