Eco (Atlantic) Oil & Gas (26 Aug 2019 19:12
Eco (Atlantic) Oil & Gas (ECO) announced results for the three months ending 30 June and reported that the Stena Forth drill ship is moving to the next target, Joe-1. The well is expected to spud by the end of August. Petro Matad (MATD) announced an operational update. The land permits issue appears to have been resolved and, based on current performance, the drilling and logging of Heron-1 are forecast to be completed around 9 September. Meanwhile, operations at the Red Deer location are proceeding as planned.
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