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ECCO Energy Corp. News

ECCO Energy Announces Acquisition of additional 25% Louisiana Shelf Lease

HOUSTON, Feb. 19 PRNewswire-FirstCall — ECCO Energy Corp. (OTC Bulletin Board: ECCE) ("ECCO") today announced that it has acquired an additional 25% of the Working Interest in Louisiana Shelf East Cameron Block 4, bringing the total working interest owned by ECCO to 100%. "We are excited about this acquisition because Louisiana Shelf has estimated proved reserves of over 10.6 bcf," said Sam Skipper, CEO of ECCO Energy.

About ECCO Energy Corp.

ECCO Energy is a growing independent oil and gas exploration and production company headquartered in Houston, Texas. The Company is engaged in the acquisition, development and production of oil and natural gas reserves. The Company's primary areas of focus are: Texas, Louisiana and the Gulf Coast Region of the United States.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "will," "anticipated," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. The reserve data included herein represents only estimates. Reserve engineering is a subjective process of estimating underground accumulations of oil and natural gas that cannot be measured in an exact manner. As a result, estimates of different engineers often vary. The estimates of reserves, future cash flows and present value are based on various assumptions, including those prescribed by the SEC relating to oil and natural gas prices, and are inherently imprecise. In addition, important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports. ECCO Energy Corp. (OTC Bulletin Board: ECCE) takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.

SOURCE ECCO Energy Corp.

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