Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd (LON:ECO), discusses with Proactive’s Andrew Scott their recent £8.46mln injection of new cash as well as the addition of Africa Oil Corp to the shareholder register.
Africa Oil Corp, an explorer that’s seen significant recent success with new discoveries, has subscribed for a 19.77% stake in the company, taking 29.2mln new Eco shares priced at 29p.
