Proactive Oil & Gas Highlights: Cabot Energy Plc, Angus, Eco Atlantic Oil & Gas, SDX Energy, Premier Oil, Cairn Energy, BP
There was plenty of activity in the oil sector this past week, from both the small caps and the larger companies.
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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There was plenty of activity in the oil sector this past week, from both the small caps and the larger companies.
“While wildcat exploration is inherently high-risk, we see an attractive risk/reward in Eco,” the analyst said in a note
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the top risers and fallers in London today.
The exploration partners are advancing the acreage which is positioned in the vicinity of ExxonMobil's major discoveries, now seen in excess of 3bn recoverable barrels
Investments and investor services
The FTSE 100 closed lower on Thursday as there was no clear direction across global equities
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Proactive takes a look at what's moving on Thursday December 28.
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The next two weeks will be dominated by the Christmas and New Year holidays, of course, so investors will have to wait a while for the excitement of a trading update from Next PLC and the latest US report until the first week of 2018
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The corporate news diary is, not unsurprisingly, almost completely empty, while the macro calendar is also pretty Spartan aside from two CBI surveys and final UK GDP data
Investments and investor services
Some of the biggest risers and fallers in London on Wednesday
Investments and investor services
London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the biggest risers and fallers in London on Thursday
Eco has a 40% interest in the Orinduik Block offshore Guyana and located adjacent to Stabroek where ExxonMobil has made a string of discoveries
Market was subdued as US markets were closed for Thanksgiving
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A glance at some of the day's highlights from the Proactive Investors newswire
The deal has the potential to expedite the first exploration well on Cooper Block,
London's junior oil firms were raising new funds this past week.
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A look at some of the day's highlights from the Proactive Investors newswire
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It was a good day for Newmark Security and Eco Atlantic