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Eco Atlantic Oil & Gas Ltd

Eco Atlantic boss excited ahead of high impact, fully funded wells offshore Guyana

Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd (LON:ECO) (CVE:EOG), caught up with Proactive London's Andrew Scott following the updated CPR on its Orinduik Block, offshore Guyana.

Consultant Gustavson Associates has estimated some 3.98bn barrels in prospective resources across 15 exploration areas, which for Eco’s 15% stake in Orinduik, equates to 597.3mln barrels net to the AIM-quoted firm.

Quick facts: Eco Atlantic Oil & Gas Ltd

Price: £1.58

Market: AIM
Market Cap: £291.35 m
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Full interview: Eco Atlantic's Gil Holzman hails back-to-back successes...

Eco Atlantic Oil & Gas Ltd's (LON:ECO, CVE:EOG) Gil Holzman speaks to Proactive London's Andrew Scott after confirming back-to-back exploration successes offshore Guyana as the Joe-1 struck oil. The Tullow Oil plc (LON:TLW) operated Joe-1 found high quality oil-bearing sandstone reservoir...

3 days, 20 hours ago

2 min read