Stena rig heads for Tullow wildcat off Guyana
Tullow Oil is set to spin the bit on the first of two of its planned wildcats off Guyana on 26 June. The Anglo-Irish independent has mobilised the drillship Stena Forth, which is set to arrive at the Orinduik block on or around 24 June, junior block partner Eco Atlantic Oil & Gas said. Drilling on the Jethro-Lobe tertiary prospect […]
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Small-cap oil stocks on the move | Malcy’s oil bucket list
Malcolm Graham-Wood speaks to Jeremy Naylor from IGTV about his oil bucket list and kicks off discussion with Eco, explaining the excitement around the Company’s upcoming drilling campaign offshore Guyana.
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CEO Interview: Gil Holzman – Eco (Atlantic) Oil & Gas
Malcolm Graham-Wood talks to Gil Holzman, the CEO of Eco Atlantic.
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Africa Oil ups stake in Eco Atlantic ahead of Guyana drill campaign
Canada-based Africa Oil Corp. (AOI–TSX, AOI–Nasdaq-Stockholm) said on Wednesday it had acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas Ltd. (TSXV: EOG or LSE: ECO) for US$1.05 per common share for a total consideration of US$4,999,998. Read the full article here.
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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$17 million 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 […]
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Tullow, Total, Eco choose 2nd well spot for Guyana offshore field
Partners Tullow Oil, Total and Eco Atlantic have chosen the “Joe” prospect for a second well in their much-watched Orinduik oil and gas field off Guyana’s coast, Eco said on Friday. Read the full article here.
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Eco Atlantic boss excited ahead of high impact, fully funded wells offshore Guyana
Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd (LON:ECO) (CVE:EOG), caught up with Proactive London’s Andrew Scott following the updated CPR on its Orinduik Block, offshore Guyana. Consultant Gustavson Associates has estimated some 3.98bn barrels in prospective resources across 15 exploration areas, which for Eco’s 15% stake in Orinduik, equates to 597.3mln barrels net to the […]
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Q&A with Eco Atlantic Oil & Gas Co-Founder and CEO, Gil Holzman
Eco Atlantic Oil & Gas (ECO) recently announced the Competent Persons Report on their offshore project in Guyana, the Orinduik Block, resulted in an increase in Gross Unrisked Prospective Resources 3.9 billion barrels of oil equivalent, implying a net 597 million barrels to Eco. President, CEO and co-founder Gil Holzman stopped by our offices to tell us how this increase […]
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Eco Atlantic Oil & Gas’s Guyana prospects estimated to have 3.98bn barrels of potential resources
Consultant Gustavson viewed a ‘low case’ estimate of 2.01bn barrels in prospective resources, and a ‘high case’ of 7.2bn, with the ‘best’ estimate pitched at 3.98bn. Read the full article here.
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