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Eco Atlantic Oil & Gas books third-quarter loss

By BFN News | 02:31 PM | Friday 23 August, 2019


London and Toronto-listed Eco Atlantic Oil & Gas booked a deeper third-quarter loss, as it continued to develop prospects in Guyana and Namibia. Net losses for the three months through June amounted to 8.9m Canadian dollars, compared to losses of C$0.9m on-year. As at 30 June, the company had C$42.2m in cash and cash equivalents. Eco Atlantic announced a large oil discovery offshore Guyana with partner Tullow Oil earlier this month. At 2:31pm: (LON:ECO) Eco Atlantic Oil Gas Ltd share price was -1.5p at 147p Story provided by StockMarketWire.com

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