ECO Eco (atlantic) Oil & Gas Ltd

RNS Number:4683K
EcoSecurities Group plc
21 December 2007



 EcoSecurities and Credit Suisse announce completion of structured CER sale of
                             over 5 million tonnes



Dublin, 21st  December, 2007:  EcoSecurities, a leading company in the business
of sourcing, developing and trading carbon credits from greenhouse gas emission
reduction projects around the world, and Credit Suisse, one of the world's
leading banks, announce the completion of a structured sale of over 5 million
Certified Emission Reductions ("CERs").


The jointly developed structure holds the rights to credits from a diverse pool
of Clean Development Mechanism ("CDM") projects, all of which have been
developed by EcoSecurities.  This innovative structure meets demand from market
participants for exposure to different levels of CER delivery risk.


The structure has been designed so that buyers benefit from EcoSecurities' CDM
expertise and a geographically and technologically diverse portfolio, without
incurring on-the-ground development and transaction costs. Credit Suisse is
Transaction Manager and supports the delivery of a portion of CERs, thereby
enhancing the structure's credit profile. Credit Suisse also provided key
structuring expertise as well as distribution and marketing through its global
client base.


This joint effort significantly enhances EcoSecurities' commercialisation
efforts by providing an approach for marketing large volumes of CERs at
attractive price points to credit worthy counterparties. This transaction is a
significant step for the two companies as they look to co-operate on a broad
range of emission reduction origination and trading opportunities around the
world. It is the intention of both EcoSecurities and Credit Suisse to create
further novel structures utilising different portfolios of compliance projects.


Bruce Usher, CEO of EcoSecurities, commented, "This groundbreaking transaction
reinforces our position as market pioneers, by providing an efficient solution
for buyers to acquire CERs to meet compliance obligations, at prices that
reflect their appetite for risk. Buyers will benefit from the unique combination
of high-quality CER projects from EcoSecurities' portfolio with Credit Suisse's
credit rating and experience in structuring and transaction management. "


Paul Ezekiel, Head of Carbon Trading at Credit Suisse, said, "The exceptional
demand by CER buyers for this transaction reinforces our belief that this type
of structure provides significant value to buyers globally. We expect to develop
further innovative structures to meet this demand in the near future."


                                     -Ends-




For further information please contact:

EcoSecurities Group plc
Rachel Mountain, Global Marketing Manager             +44 (0) 1865 202 635

Credit Suisse
Jack Grone, Corporate Communications                  +44 (0) 20 7888 6499
Bruce Corwin, Corporate Communications (US)           +1 212 325 0932

Citigate Dewe Rogerson                                +44 (0) 20 7638 9571
Kevin Smith / Ged Brumby


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 36 countries on five
continents, EcoSecurities has amassed one of the industry's largest and most
diversified portfolios of carbon projects.



EcoSecurities also works with companies in the developed world to assist them in
meeting their greenhouse gas emission compliance targets. Utilising its highly
diversified carbon credit portfolio, EcoSecurities is able to structure carbon
credit transactions to fit compliance buyers' needs, and has executed
transactions with both private and public sector buyers in Europe, North America
and Japan.



Working at the forefront of carbon market development, EcoSecurities has been
involved in the development of many of the global carbon market's most important
milestones, including developing the world's first CDM project to be registered
under the Kyoto Protocol. EcoSecurities' consultancy division has been at the
forefront of significant policy and scientific developments in this field.
EcoSecurities has been recognised as the world's leading greenhouse gas advisory
firm over the last five years by reader surveys conducted by Environmental
Finance Magazine.



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


Credit Suisse


As one of the world's leading banks, Credit Suisse provides its clients with
investment banking, private banking and asset management services worldwide.
Credit Suisse offers advisory services, comprehensive solutions and innovative
products to companies, institutional clients and high-net-worth private clients
globally, as well as retail clients in Switzerland. Credit Suisse is active in
over 50 countries and employs approximately 47,000 people. Credit Suisse's
parent company, Credit Suisse Group, is a leading global financial services
company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN)
are listed in Switzerland and, in the form of American Depositary Shares (CS),
in New York. Further information about Credit Suisse can be found at
www.credit-suisse.com.


Investment Banking

In its Investment Banking business, Credit Suisse offers securities products and
financial advisory services to users and suppliers of capital around the world.
Operating in 57 locations across 26 countries, Credit Suisse is active across
the full spectrum of financial services products including debt and equity
underwriting, sales and trading, mergers and acquisitions, investment research,
and correspondent and prime brokerage services.






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