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Eco Atlantic's Gil Holzman 'proud' as drilling starts on Jethro-Lobe prospect

Eco Atlantic Oil & Gas Ltd's (LON:ECO) (CVE:EOG) Gil Holzman caught up with Proactive London's Andrew Scott soon after announcing that drilling's started on the Jethro-Lobe prospect within the Orinduik Block.

He says the Orinduik partners have estimated the well will take up to 40 days to drill.

Jethro-Lobe will be the first of two wells in the programme with the second following immediately afterwards to test the Joe prospect.

Quick facts: Eco Atlantic Oil & Gas Ltd

Price: 20.25 GBX

AIM:ECO
Market: AIM
Market Cap: £37.4 m
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Full interview: Eco Atlantic's Gil Holzman discusses boost to Orinduik...

Eco (Atlantic) Oil & Gas Limited's (LON:ECO) Gil Holzman caught up with Proactive London's Andrew Scott to discuss an updated CPR on its Orinduik Block, offshore Guyana. Gross prospective resources are now estimated at 5.14bn barrels on a p50 basis or best basis, which amounts to a net...

on 3/2/20

2 min read