Eco Atlantic makes decent progress in first quarter
30th Aug 2023 14:32
(Sharecast News) - Offshore oil and gas explorer Eco Atlantic updated the market on its first quarter on Wednesday, reporting cash and cash equivalents of $2.4m, with no outstanding debt.
Read moreEco Atlantic confident despite lack of results from Gazania-1
18th Nov 2022 13:22
(Sharecast News) - Oil and gas explorer and developer Eco Atlantic announced on Friday that the Gazania-1 well on block 2B, offshore South Africa, which spudded on 10 October, reached its target depth of 2,360 metres, but did not show evidence of commercial hydrocarbons.
Read moreEco Atlantic starts drilling Gazania exploration well
4th Oct 2022 13:55
(Sharecast News) - Oil and gas explorer Eco Atlantic announced the arrival of the 'Island Innovator' semi-submersible drilling rig on Block 2B on Tuesday, and the start of operations on the Gazania-1 exploration well.
Read moreEco Atlantic says rig on its way to Orange Basin well
12th Aug 2022 12:54
(Sharecast News) - Oil and gas exploration company Eco Atlantic confirmed on Friday that the 'Island Innovator' rig, owned by Island Drilling Company, had been released and mobilised.
Read moreEco Atlantic gets final clearance for Azinam acquisition
28th Mar 2022 11:15
(Sharecast News) - Eco Atlantic Oil & Gas announced on Monday that it has been given final approval for the Azinam acquisition by the TSX Venture Exchange in Toronto.
Read moreEco Atlantic secures reissue of Namibia licences
30th Nov 2020 16:30
(Sharecast News) - Oil and gas exploration company Eco Atlantic has negotiated the reissue of its four licences in the Walvis Basin, offshore Namibia, it announced on Monday, conditional to the customary final government signature.
Read moreEco Atlantic riding high after Tullow discovery at Carapa-1
3rd Jan 2020 08:56
(Sharecast News) - Eco Atlantic Oil & Gas updated the market on Friday, following a recent announcement from Tullow Oil, Repsol and Total over the cretaceous age light oil discovery made at the Carapa-1 well on the Kanuku block, directly in board of the Orinduik block, offshore Guyana.
Read moreEco Atlantic makes progress with two recent Guyana discoveries
13th Nov 2019 09:51
(Sharecast News) - Eco Atlantic Oil & Gas updated the market following initial well results analysis on its two recent oil discoveries in Guyana on Wednesday.
Read moreEco Atlantic upbeat as drilling begins on 'Joe' prospect
27th Aug 2019 16:15
(Sharecast News) - Eco Atlantic Oil & Gas announced on Tuesday that drilling of the 'Joe' prospect had started offshore Guyana - its second exploration well on the Orinduik Block.
Read moreEco Atlantic upbeat on recent drilling in Guyana
23rd Aug 2019 12:17
(Sharecast News) - Guyana-focussed exploration company Eco Atlantic Oil & Gas updated the market on recent trading on Friday, reporting that it ended the quarter to 31 March with cash and cash equivalents of CAD 25m (£15.37m).
Read moreEco Atlantic enters 2019 with vigour
27th Feb 2019 11:12
(Sharecast News) - Oil and gas exploration company Eco Atlantic updated the market on the first three quarters of its financial year on Wednesday, reporting that it ended its third quarter with cash and cash equivalents of CAD 25.7m (£14.71m), total assets of CAD 28.1m, total liabilities of CAD 0.8m and total equity of CAD 27.3m.
Read moreEco Atlantic Oil & Gas secures rig for Guyana exploration well
20th Feb 2019 16:42
(Sharecast News) - Eco Atlantic Oil & Gas on Wednesday contracted a rig, the Stena Forth, to drill an exploration well at the Jethro-Lobe prospect on the Orinduik Block offshore Guyana.
Read moreFriday broker round-up
11th Jan 2019 13:28
(Sharecast News) - Antofagasta: Peel Hunt downgrades to add with a target price of 930p.
Read moreEcoSecurities welcomes JP Morgan bid
14th Sep 2009 08:49
Irish carbon credit specialist EcoSecurities, which has been fielding a number of offers for the company, has accepted terms from US bank JPMorgan Chase. Carbon Acquisition Company (CAC), a wholly owned subsidiary of JPMorgan, is offering 100p cash per EcoSecurities share. The terms value the enti
Read moreLondon open: Footsie starts flat
3rd Sep 2009 08:17
Footsie is flat in early deals with miners pushing the markets in one direction and financials and defensives dragging it the other. Amongst the major risers so far are miners Randgold Resources, Lonmin, Xstrata, Kazakhmys, Rio Tinto, Fresnillo and Vedanta Resources. the big fallers are RSA Insuran
Read more