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A look at some of the biggest risers and fallers in London on Friday
Company
LON:ECO
Eco Atlantic is an oil and gas exploration company focused on the acquisition and development of unique upstream petroleum opportunities around the world. The Company's objective is to identify technically merited prospective new and developing projects in frontier areas requiring low cost entry. In Namibia through wholly owned subsidiaries, the Company currently holds interests, some carried by Tullow Oil and Azinam, in four offshore petroleum licenses covering more than 32,000 square kilometers in the Walvis and Lüderitz Basins, in close proximity to major blocks controlled by Repsol and Tullow Oil. In Guyana, Eco Atlantic holds an interest in the 1,800 square kilometer Orinduik offshore block in close proximity to the Exxon Mobil Corporation's recently announced "Liza" discovery holding multi million barrels of oil . Eco Atlantic enjoys strong local presence in the countries in which it operates and has a longstanding relationship with the energy and oil and gas sectors throughout Africa and other maturing exploration plays internationally.
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A look at some of the biggest risers and fallers in London on Friday
Hammerhead, Exxon's ninth discovery, is located within the vicinity of Eco's Orinduik licence
European benchmarks also took a big hit, while on Wall Street, the Dow Jones Industrial Average is down around 80 points
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A glance at some of the day's highlights from the Proactive Investors newswire
Seismic interpretation, a farm-out milestone and a new competent persons report are in September's schedule
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A glance at some of the day's highlights from the Proactive Investors newswire
Results were the best yet for the oil junior, said chief executive Gil Holzman
A look at some of the top risers and fallers in London today
Archive
A look at some of the top risers and fallers in London today
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The explorer needs the Namibian authorities to approve its Environmental Clearance Certificate application before it can start drilling the appraisal way at the Osprey project
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
The plan is to apply for another extension next March as well, as Eco and its partners try to further their understanding of the area
FTSE 100 tanked on the day, along with other European indices
The oil and gas producer said Exxon had encountered around 78 meters of high-quality oil-bearing sandstone reservoir at its Stabroek Block, adjacent to Eco’s Orinduik Block
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
MYCELX now expects full-year revenues to be in the range of US$16-17mln after the new order and equipment sale