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Energy

Eco (Atlantic) will use balance sheet strength to advance all fields

Eco has a 40% interest in the Orinduik Block offshore Guyana and located adjacent to Stabroek where ExxonMobil has made a string of discoveries...

on 23/11/17
Energy

Eco Atlantic Oil & Gas welcomes endorsement for Cooper oil block in Namibia

The deal has the potential to expedite the first exploration well on Cooper Block,...

on 21/11/17
Energy

City brokers welcome Africa Oil investment in Eco Atlantic

Cash raised in the funding will be earmarked for Eco’s exploration ventures, allowing the company to actively identify, negotiate and contract new oil and gas exploration assets....

on 13/11/17
Energy

Eco Atlantic Oil & Gas brings in Africa Oil Corp with premium priced share subscription

Cash raised in the funding will be earmarked for Eco’s exploration ventures, allowing the company to actively identify, negotiate and contract new oil and gas exploration assets...

on 13/11/17
Energy

Eco Atlantic Oil & Gas advances drill plans offshore Namibia

Both Eco and Tullow see Osprey as "a highly justifiable lead” and the AIM-quoted operator is to file for an environmental certificate for drilling...

on 2/11/17
Energy

New discovery further underlines Eco Atlantic Oil & Gas potential offshore Guyana

Already Exxon has an estimated 2.25bn to 2.75bn barrels of crude offshore Guyana, and it has unearthed another discovery - meanwhile, the Eco's exploration campaign is advancing....

on 6/10/17
Energy

Eco Atlantic set to exploration catalysts as it brings Total into Guyana venture

Eco will retain 15% of Orinduik alongside Tullow with 60% and Total with 25%....

on 26/9/17
Energy

Eco Atlantic Oil & Gas adds Total to Guyana exploration venture

The option deal, if exercised, would deliver enough cash to cover Eco’s well costs for up to two exploration wells and the costs already committed to recently completed seismic...

on 26/9/17
Energy

Eco (Atlantic) says 3D seismic survey of the Orinduik Block, offshore Guyana successfully completed on schedule

Eco (Atlantic) said the 3D Survey was conducted by Schlumberger Guyana Inc. (Western Geco) and has been completed successfully and on schedule...

on 5/9/17
Energy

Eco Atlantic Oil & Gas now seeking new opportunities supported by “strong” balance sheet

“Our strong balance sheet, together with our progression on our existing licences, has enabled us to start to engage in seeking new potential assets and explore new transactions"...

on 25/8/17
Energy

Eco Atlantic looks forward to high impact exploration in Namibia and Guyana

Just yesterday, Eco confirmed that a significantly expanded new 3D seismic campaign is now underway ...

on 27/7/17
Energy

Eco Atlantic kicks off seismic exploration campaign offshore Guyana

Eco and Tullow hired Schlumberger to capture 2,550 square kilometres of 3D seismic in the Orinduik Block....

on 26/7/17
Energy

Tullow Oil’s exploration plans in Guyana bode well for partner Eco Atlantic

VSA Capital's target price of 25p suggests some 50% upside to the current price of 17.3p....

on 26/7/17
Energy

Eco (Atlantic) Oil delighted by farm-out next door in Namibia

Eco owns 32.5% of the Cooper licence (PEL0030), immediately south of PEL0037 where Tullow Oil (LON:TLW) has just farmed out 30%...

on 6/7/17
Energy

Eco Atlantic Oil & Gas boosted as Exxon green-lights Liza oil field development

Exxon expects to start-up Liza by 2020, with the first phase development due to produce some 120,000 bopd....

on 16/6/17
Energy

Eco Atlantic Oil & Gas more than doubles seismic acqusition at Orinduik, offshore Guyana

Originally a 1,000km 3D survey was planned but Eco and partner Tullow Oil have now agreed to increase this to the entire block area, or 2,550km ...

on 8/6/17
Energy

Eco Atlantic boosted by Exxon’s latest discover offshore Guyana

Exxon has now made its third discovery in the acreage next door to Eco's acreage offshore Guyana....

on 31/3/17
Energy

Eco (Atlantic) Oil & Gas Ltd stands to benefit from Tullow's rights issue, analyst says

Analysts at VSA Capital Research have reiterated a 'buy' rating on Eco (Atlantic) Oil & Gas, saying it expects the company to benefit from Tullow's rights issue...

on 17/3/17
Energy

Eco Atlantic Oil & Gas offers exposure to frontier-style exploration upside

The explorer has solid partnerships, high-impact prospects and the London IPO bolstered the group’s finances....

on 28/2/17
Energy

Eco Atlantic Oil focuses on upcoming exploration programmes in Guyana and Namibia

"2016 was one of our most exciting years at Eco, as we continued with our operations in Namibia and shifted our focus from Ghana to Guyana,” said Gil Holzman, Eco Atlantic chief executive....

on 28/2/17
Energy

Eco (Atlantic) Oil & Gas makes premium London debut

Placed at 16p the stock was changing hands for 18.5p by 8.30am....

on 8/2/17