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IN BRIEF: Eco Atlantic Oil & Gas Doubles Exploration Area In Namibia

30th Nov 2020 16:53

Eco Atlantic Oil & Gas Ltd - oil and gas exploration company focused on Guyana and Namibia - Notes the re-issue of all Namibia offshore licenses in the Walvis Basin. Says it has been awarded four new petroleum exploration licenses, all with a 10-year life cycle, in the area. Says it has now doubled the size of its Guy block area, increasing the potential for new prospective targets in the western side of the block.

Current stock price: 20.99 pence

Year-to-date change: down 18%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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