Eco (Atlantic) Oil & Gas AIM:ECO
- Incorporated
- Canada
- Chief executive
- Gil Holzman
- Reports in
- CAD
Oil and gas exploration company holding offshore licence interests in Guyana, Namibia and South Africa, targeting large frontier discoveries adjacent to proven basins. Pre-production explorer whose value rests on drilling outcomes and farm-out transactions with larger partners.
Read straight from the annual reports
38.4c at close on 5 Oct 2026 · 12 reported years, 2015–2026
| Line | FY201503/15 | FY201603/16 | FY201703/17 | FY201803/18 | FY201903/19 | FY202003/20 | FY202103/21 | FY202203/22 | FY202303/23 | FY202403/24 | FY202503/25 | FY202603/26 | FY2027unreported |
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| Revenue | — | — | |||||||||||
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| Exceptional items | — | — | — | — | — | — | — | — | — | ||||
| Net finance cost | — | — | |||||||||||
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| Profit for the year | |||||||||||||
| EBITDA | — | — | — | — | |||||||||
| Basic EPS | |||||||||||||
| Diluted EPS |
CAD millions, negatives in brackets. Per-share lines in cents, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
10 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Farm-out and option payments from partners rather than production revenue
$2,000,000 received from Navitas for the Orinduik Option and Block 1 CBK Option framework agreement; up to $10.5m farm-out consideration on Block 3B/4B
page 21Recoveries from exploration partners offsetting operating costs
Operating costs, net of $2,880,601 (2025: $2,816,892) include recoveries from exploration partners (2025: $(225,143) recovery)
page 36Rising public company costs and professional fees
Public company costs rose to $808,213 (2025: $437,859); professional fees rose to $1,023,219 (2025: $540,221)
page 362,100,000 stock options exercised for CAD$780,000 ($567,500) and 2,100,000 shares issued; 1,768,000 shares issued in respect of vested RSUs
page 37MNP LLP issued an unmodified opinion (dated July 22, 2026) that the consolidated financial statements present fairly the Company's position in accordance with IFRS. One Key Audit Matter was identified: the reversal of impairment on the investment in associate (JHI), given the judgement involved in measuring recoverable amount. Management concluded, per its going-concern assessment, that it has reasonable expectation of being able to fund operating and contractual service requirements for the next 12 months, relying on the Company's dependence on external equity financing.
page 4- Recoverability of petroleum and natural gas license carrying values depends on exploration results, environmental risks, political risks, and the Company's ability to attain profitable production; judgement is required in fair value less costs to sell estimates (e.g., Sharon License)p.16
- Investment in associate (JHI) valuation is sensitive to changes in the Company's share price and the assumed value/allocation of JHI's implied equity valuep.17
- Going concern dependent on the Company's ability to raise additional external equity financing to fund operating and contractual service requirementsp.17
- Credit risk on short-term investments, government receivable, and amounts owing by license partnersp.33
Read from C000400-AR-2026-sedar.
11 annual reports read, FY2016 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: SEDAR (11)
FY2027Next report expected 5 Aug 2027