logo-loader
Eco Atlantic Oil & Gas Ltd

Eco Atlantic's Gil Holzman welcomes strong investor interest in US$17mln fundraise

Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd (LON:ECO) (CVE:EOG), speaks to Proactive London's Andrew Scott after raising US$17mln of new funds to cover its participation in a possible expansion to the exploration drilling campaign offshore Guyana.

Eco will now be able to fund its share of up to four additional exploration or development wells, perhaps indicating confidence among the joint venture partners ahead of the first phase of wells.

Quick facts: Eco Atlantic Oil & Gas Ltd

Price: £1.58

Market: AIM
Market Cap: £291.35 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Eco Atlantic Oil & Gas Ltd named herein, including the promotion by the Company of Eco Atlantic Oil & Gas Ltd in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

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...

2 days, 23 hours ago

2 min read