by Patricia Miller | Apr 1, 2020 | Features, RNS Responses
Eco Atlantic Oil & Gas (LSE:ECO) has unveiled a raft of cost-cutting measures to preserve capital in the face of the Covid-19 pandemic. The £28 million company, which holds licences across highly prospective regions of South America and Africa, said it has...
by James Moore | Feb 27, 2019 | RNS Responses
Shares in Eco Atlantic dropped 4.9pc to 73.25p on Wednesday morning despite the business highlighting its ‘robust financial position’. In its update for the final three and nine months of last year, the company revealed a cash and cash equivalents balance of CAD$25.7m...
by Patricia Miller | Feb 20, 2019 | RNS Responses
Eco Atlantic (LSE:ECO) advanced 1.5pc to 68.3p on Tuesday after hiring a rig to drill a critical prospect at its Orinduik Block and appointing two new brokers. Stena Forth, as the rig is known, will drill a 250MMbbls oil target called Jethro-Lobe at the block, which...
by Patricia Miller | Dec 5, 2018 | Features
Eco (Atlantic) Oil and Gas (LSE:ECO) confirms details of its 2019 drilling program on the Orinduik Block, offshore Guyana today. Eco is partnering with Total E&P Activities Petrolieres (Total) and Tullow Guyana B.V. (Tullow) on the block, with Tullow the operator....
by Richard Mason | Feb 19, 2018 | Features
Since it listed on AIM in February last year Eco Atlantic’s (LSE:ECO) share price has been on a relentless rise. Even the recent volatility in markets has done little to dampen the mood. In just 12 months, the exploration oil & gas firm has found itself attracting...
