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

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chief executive Gil Holzman "“Following our drilling campaign on Block 2B, offshore South Africa, in Q4 2022, we continue to analyse the well data obtained from the Gazania-1 well,” [...]“We remain of the view that considerable untapped potential remains in the asset and we are working with our partners on the Block to plan our next steps, in order to deliver value for all stakeholders."Holzman highlighted that the explorer remains excited for its potential in 2023 and it intends to keep investors updated as activities progress over the course of the year. Feb 27, 2023. Eco ended December with some US$14.5mln of cash and was debt free. The company year end and Q4 is March 31 2023.
NOTE: The company is not yet producing oil from any of its assets/is still just in exploratory phase