ECO Eco (atlantic) Oil & Gas Ltd

EcoSecurities Group plc
05 June 2007

PRESS RELEASE



                                 Africa update



EcoSecurities announces expansion of operations in Africa after contracting over
             12 million carbon credits in the region so far in 2007



Dublin, June 5th, 2007: EcoSecurities, a leading company in the business of
sourcing, developing and trading carbon credits from greenhouse gas (GHG)
emission reduction projects, announce that they are expanding their operations
in the African region. Since January 2007 the Company has firmed up contracts to
develop Clean Development Mechanism (CDM) projects in Africa with the potential
to generate over 12 million carbon credits, bringing the total volume of its
African credit portfolio to over 15 million.

EcoSecurities Group has world class experience with projects in the areas of
renewable energy, agricultural and urban waste management, industrial efficiency
and forestry. The Group recognises the potential of carbon trading in attracting
investment for activities in Africa, which in turn would revert in positive
social and environmental benefits for the region as a whole. With this in mind,
EcoSecurities is currently in the process of expanding and strengthening its
operations in Africa, and is forging links with local organisations so that its
efforts are directed to sectors which are considered a priority in the region.

In Africa, EcoSecurities' portfolio of projects employs a variety of emission
reduction technologies, including the production and use of bio-ethanol as a
substitution for fossil fuels, hydroelectricity, natural gas power and solar
water heaters. In South Africa, EcoSecurities is involved in the development of
around a quarter (24%) of the projects currently listed by the South African
Designated National Authority (DNA). EcoSecurities has also seen a growing
interest in developing CDM projects in East and West Africa, with over 7 million
carbon credits signed to date in these regions.

Country Director South Africa, Henk Sa, commented "Africa has the potential to
be one of the most important suppliers of emission reduction credits of any
region in the developing world, but it is currently lagging behind in comparison
with India, China and South American countries. EcoSecurities aims to contribute
towards closing this gap and help Africa take its rightful place among the
global leaders in the development of climate change projects."

Since the start of its operations in Africa, EcoSecurities, which opened an
office of 5 staff in Johannesburg in 2006 and now has representatives in Kenya,
Swaziland, Zambia, Mozambique, Ghana, Nigeria, Tunisia and Morocco, has worked
with some of the largest corporations in the region including Sappi, Eskom and
Highveld Steel Company, involved in both climate change strategies (i.e.
portfolio assessments) and internal projects to lower their emissions and
generate credits. EcoSecurities has also signed a co-operation agreement with
Standard Bank to work together to identify potential projects in a variety of
sectors in the African continent.


-Ends-


For further information please contact:



Jill Barker
Marketing Executive
EcoSecurities
Tel: +44 (0) 1865 202 635
Email: jill.barker@ecosecurities.com

Or

Rachel Mountain
Global Marketing Manager
EcoSecurities
Tel: +44 (0) 1865 202 635
Email: rachel.mountain@ecosecurities.com



Editor's Notes:



About EcoSecurities:



EcoSecurities is one of the world's leading companies in the business of
originating, developing and trading carbon credits. EcoSecurities structures and
guides greenhouse gas emission reduction projects through the Kyoto Protocol,
working with both project developers and buyers of carbon credits.

EcoSecurities works with companies in developing and industrialising countries
to create carbon credits from projects that reduce emissions of greenhouse
gases.EcoSecurities has experience with projects in the areas of renewable
energy, agriculture and urban waste management, industrial efficiency, and
forestry. With a network of offices and representatives in 20 countries on five
continents, EcoSecurities has amassed one of the industry's largest and most
diversified portfolios of carbon projects. Today, the company is working on 426
projects in 36 countries using 18 different technologies, with the potential to
generate more than 178 million carbon credits.

EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker
ECO.L). Additional information is available at www.ecosecurities.com.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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