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
Company
Eco (Atlantic) Oil & Gas Ltd
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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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.
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.
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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
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
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.
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.
Eco (Atlantic) Oil & Gas makes premium London debut
Placed at 16p the stock was changing hands for 18.5p by 8.30am.
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Eco Atlantic publishes AIM admission papers with £4.8mln conditional placement
Energy explorer Eco (Atlantic) Oil & Gas said on Friday it has published its AIM papers as it seeks to raise C$7.83mln as part of its ambitions of joining London’s Alternative Investment Market next week
Eco Atlantic publishes AIM admission papers with £4.8mln conditional placement
Energy explorer Eco (Atlantic) Oil & Gas said on Friday it has published its AIM Admission Document as it seeks to raise C$7.83mln as part of its common stock becoming listed on London’s Alternative Investment Market next week
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Eco Atlantic shares jump; announces plan to float on London’s AIM
Toronto-listed oil and gas explorer Eco (Atlantic) Oil & Gas Ltd. shares jumped 8% on Monday after the company said it intends to list on London’s AIM exchange later this month
Eco Oil reports reduced losses in stronger interim financials
Firm management of cost savings results in significant savings for the company
Eco Oil hails Orinduik acquisition, Guy Namibia survey
Eco (Atlantic) Oil & Gas on Tuesday updated on recent corporate achievements and planned milestones for the remainder of 2016 following its earnings results for the year ended March 31
Eco (Atlantic) Oil & Gas reduces current liabilities in 2016
Eco (Atlantic) Oil & Gas Ltd reported a fall in current liabilities as well as in total expenses as it recorded its full-year earnings on Friday
Eco Oil receives Namibia approvals for three licences
Eco (Atlantic) Oil & Gas has received various approvals from the Namibia Ministry of Mines and Energy relating to the Cooper (PEL 030), Guy (PEL 034) and Sharon (PEL 033) licences in offshore Namibia
Eco Oil & Gas grants stock options to staff
Eco Oil & Gas grants 965,000 stock options to certain staff for achievements which include the significant new Guyana block acquisition in partnership with Tullow Oil