Eco Atlantic Oil & Gas Ltd

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: £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...

2 days, 23 hours ago

2 min read