IN BRIEF: Eco Atlantic Oil & Gas Doubles Exploration Area In Namibia

Mon, 30th Nov 2020 16:53

Eco Atlantic Oil & Gas Ltd - oil and gas exploration company focused on Guyana and Namibia - Notes the re-issue of all Namibia offshore licenses in the Walvis Basin. Says it has been awarded four new petroleum exploration licenses, all with a 10-year life cycle, in the area. Says it has now doubled the size of its Guy block area, increasing the potential for new prospective targets in the western side of the block.

Current stock price: 20.99 pence

Year-to-date change: down 18%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Related Shares

More News

6 Mar 2024 18:07

TRADING UPDATES: Audioboom extends partnerships; Ecora eyes growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

1 Mar 2024 13:34

EARNINGS AND TRADING: Dar Global celebrates "outstanding" year

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported...

22 Jan 2024 16:53

IN BRIEF: Eco Atlantic gets consent to farm out interest to Africa Oil

Eco (Atlantic) Oil and Gas Ltd - Oil and gas exploration company focused on the offshore Atlantic margins in South Africa, Namibia, and Guyana - Annou...

22 Dec 2023 15:50

UK shareholder meetings calendar - next 7 days

12 Dec 2023 17:40

TRADING UPDATES: Celadon Pharma raises GBP2.0 million via placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: