FTSE 100 closes higher as markets more optimistic on US, China trade
BIg banking group Lloyds was among the top gainers on Footsie
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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BIg banking group Lloyds was among the top gainers on Footsie
ExxonMobil has made ten discoveries on the neighbouring Stabroek Block with an estimated 5bn barrels of oil
Berenberg highlights that Eco is about to embark upon what could be a transformational well campaign
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The past week brought well updates, new exploration plans, and some positive production reports.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Wednesday
Having recently completed its farm-out to Total, the AIM-quoted explorer is now fully funded for new drilling in the Orinduik block offshore Guyana where in 2019, it hopes to have at least two wells replicate the big successes experienced n
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FTSE 250 was also down - closing around 58 points lower at 18,271
A look at some winners and losers in the UK equity market on Thursday
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A glance at some of the day's highlights from the Proactive Investors newswire
Funds aside, the addition of Total to the venture provides further validation and confidence for investors
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The FTSE 250 index, though, fell around 30 points to 18,609 on the day
A look at some winners and losers in the UK equity market on Wednesday
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A glance at some of the day's highlights from the Proactive Investors newswire
With the completion of the Guyana farm-out, the AIM-quoted explorer is now funded for 2019 exploration drilling
The UK's premier blue-chip index closed down around 12 points at 7,004
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the main news-driven risers and fallers in London on Friday ...