Eco (Atlantic) Oil & Gas (EOG.V, ECO.LN) (“Eco Atlantic” or “the Company) announces that it has reported its financial and operational results for the three and nine month periods ended December 31, 2016, and provides an update on recent corporate achievements and anticipated milestones for H1 2017. The reports are now available under the Company’s profile on SEDAR (www.sedar.com) and will be available on the Company’s website via the following link: http://www.ecooilandgas.com/investors/financials/.
As quoted in the press release:
Gil Holzman, Chief Executive Officer of Eco Atlantic commented: “2016 was one of our most exciting years at Eco, as we continued with our operations in Namibia and shifted our focus from Ghana to Guyana.Towards the end of 2016 we worked intensively to ensure that the Company successfully listed onto AIM and our efforts were rewarded by an oversubscribed placing in early 2017. Following this financing, our balance sheet is extremely strong and will enable us to continue to aggressively peruse our work programs in Guyana and Namibia in the coming months.”