The takeover of License PL001 by Canada's Eco Atlantic (35%) and Israel's Navitas Petroleum (65%) is neither an isolated event nor a mere stock market coincidence. Documents filed with the Tel Aviv (TASE), Toronto (TSX-V), and London (LSE/AIM) stock exchanges reveal the existence of a global corporate alliance led by a network of executives and financiers based in Israel, leveraging the political and financial backing of the United Kingdom.

Eco Atlantic's investment proposal presented to the Toronto and London markets highlights its key alliances with Navitas Petroleum, BP, TotalEnergies and Qatar Energy.

The transatlantic network: From Tel Aviv to the stock exchanges of London and Toronto

The circuit that legalizes the dispossession of the Argentine continental shelf requires each of these strategic stations:

1.    Tel Aviv (Management and Capital): From where the main executives and investment funds that finance exploration and development engineering operate.

2.    London (Colonial Structure and Financial Market): Where the occupying government issues illegitimate licenses and where shares that attract European speculative capital are listed (through the AIM market of the London Stock Exchange).

3.    Toronto (Stock Market Leverage): A key market in global mining and energy that allows for the bundling of assets and the completion of corporate acquisitions such as that of JHI.

4.    Puerto Argentino (Administrative Headquarters of Occupation): The colonial window that validates transfers, grants extensions of deadlines and seeks to give a veneer of legality to the expropriation of Argentine resources.

Distribution of Eco Atlantic's global portfolio across four basins of the Atlantic Margin. The lower left margin shows the details of License PL001 in the Malvina Islands with a 35% stake, along with blocks in Guyana, Namibia, and South Africa.

The Eco Atlantic - Navitas cartel: A transnational alliance

Facsimile of page 9 of the official Eco Atlantic presentation It details the "Global Strategic Framework" signed with Navitas Petroleum in December 2025 to operate jointly in Guyana and South Africa, including cash payments, millions in well financing, and the preferential option on future assets. .

In December 2025, Eco Atlantic and Navitas Petroleum signed a "Global Strategic Framework ." The objective was not only to operate in the Malvina Islands, but also to divide up oil blocks in the offshore basins with the greatest potential in the Southern Hemisphere.

Summary of capital and recent transactions. The official document of May 2026 confirms the acquisition of all of JHI's shares on the Malvina Islands PL001 License for a valuation of US$52.3 million (Mar'26), as well as the fund transfers with Navitas in Guyana and South Africa.

The management identity: The same authorities in Tel Aviv

The connection between the two companies becomes clear when examining their top management. The core financial and operational leadership belongs to the same corporate sector in Israel:

These are not competing companies, but rather a corporate tandem operating in a coordinated manner. They use subsidiaries established in Canada, the United Kingdom, or tax havens to divide up hydrocarbon areas from West Africa to the South Atlantic. With unified control of Sea Lion and License PL001 , this group of executives holds the entire future of extraction in the North Malvinas Basin in their hands.

The silence and inaction of the Argentine State

While corporate balance sheets in Tel Aviv, London, and Toronto celebrate the transfer of assets worth tens of millions of dollars and announce the arrival of the first barrel of crude oil by March 2028, the Argentine institutional response is conspicuously absent:

Corporate documents and stock market reports reveal in graphic detail the sale and division of Argentina's continental shelf. What transnational corporations publish in their international financial statements, Argentine authorities prefer to ignore, leaving the nation's assets unprotected against the greatest hydrocarbon plunder of the 21st century .

Sources:

Eco Atlantic Gas & Oil

Navitas Petroleum