Eco (Atlantic) Oil and Gas Limited releases unaudited results

  • Nov 20, 2019 GMT
  • Team Kalkine
  • The company had cash and cash equivalents of CAD 30.7 million as on 30 September 2019
  • The company completed a private placement and raised CAD 22.6 million in the first quarter of current financial year
  • On 12 August 2019, the company announced a major oil discovery in its Orinduik offshore petroleum licence area in Guyana.
  • On 16 September 2019, the company announced a second oil discovery in the Guyana licence area.
  • On 20th November 2019, ECO shares were trading at GBX 49.50 at GMT 09:32 AM, down 4.50 points or 8.33% from the previous day’s closing price level.

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