Eco (Atlantic) Oil and Gas Ltd. (ECAOF)

[pro_s2009]

https://www.alignresearch.co.uk/eco-atlantic-oil-gas/eco-atlantic-oil-gas-tremendous-read-across-for-eco-from-offshore-guyana-discoveries/


Eco (Atlantic) Oil & Gas – Tremendous read across for Eco from the latest offshore Guyana discoveries

July 27, 2022

.........There was big news yesterday from leading global independent energy company Hess Corporation which was able to announce two new discoveries at the Seabob-1 and Kiru-Kiru-1 wells on the Stabroek Block offshore Guyana. We believe this has a tremendous read across for Eco (Atlantic) Oil & Gas.

Stabroek Block is the block tha..............


.........There is no doubt that Eco is exploring for oil and gas in some global hotspots of todays’ hydrocarbon world – offshore Namibia and offshore South Africa, along with offshore Guyana. In January 2022 we updated our research coverage on Eco with a Conviction Buy stance and a target price of 114.65p, when the stock was trading at 23.75p. ........