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Eco Atlantic Oil & Gas Ltd

Eco Atlantic's Gil Holzman welcomes strong investor interest in US$17mln fundraise

Gil Holzman, chief executive of Eco Atlantic Oil & Gas Ltd (LON:ECO) (CVE:EOG), speaks to Proactive London's Andrew Scott after raising US$17mln of new funds to cover its participation in a possible expansion to the exploration drilling campaign offshore Guyana.

Eco will now be able to fund its share of up to four additional exploration or development wells, perhaps indicating confidence among the joint venture partners ahead of the first phase of wells.

Quick facts: Eco Atlantic Oil & Gas Ltd

Price: 135 GBX

Market: AIM
Market Cap: £248.94 m
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