Eco Atlantic Oil & Gas Ltd (LON:ECO, CVE:EOG) chief executive Gil Holzman discusses with Proactive London's Andrew Scott the findings of analysis from its two new offshore discoveries.
Initial results from Jethro-1 and the Joe-1 indicate that both discoveries comprise mobile heavy crudes which are said to be “not dissimilar” to the commercial heavy crudes in the North Sea, Gulf of Mexico, Brazil, Venezuela and Angola.
Price: 20 GBX
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Eco Atlantic Oil & Gas CEO, Gil Holzman (LON:ECO) talks to Proactive London's Katie Pilbeam about the balance sheet, which at present has no debt and strong cash reserves. Holzman says the company remain fully funded for its further near-term drilling plans in Guyana and continues to...
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