Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its results for the year ended 31 March 2022.
Eco (Atlantic) announces Y/E results and operational and business update
30 Jul 2021
Eco (Atlantic) Oil & Gas, the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, has announced its results for the year ended 31 March 2021, alongside a corporate and operational update.
The Company also notes that an updated corporate presentation is now available on its website at www.ecooilandgas.com.
Results Highlights:
Financials:
As at 31 March 2021, the Company had working capital of US$13 million and no debt.
In June 2021, the Company raised an additional US$4.9m in the form of a private placement.