Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), the oil and gas exploration company with licences in highly prospective regions in South America and Africa, is pleased to note the announcement by ExxonMobil Corporation (“Exxon”) in relation to its eighth discovery offshore Guyana and provide an update on its operations in the region.
Eco notes an announcement made by ExxonMobil Corporation (“Exxon”) in relation to its eighth significant oil discovery offshore Guyana (“Longtail”) in the Stabroek Block, adjacent to Eco’s 1,800km2 Orinduik Block. The Longtail-1 well encountered approximately 78 metres of high-quality oil-bearing sandstone reservoir and was successfully drilled to 5,504 metres in depth through 1,940 metres of water. The discovery is situated in close proximity to Exxon’s Turbot-1 exploration well located in south-eastern region of the Liza field. Eco further notes that like the Turbot-1 discovery that the Longtail field is also located inboard of Liza. In addition to the Longtail discovery, Exxon has also added a second drilling vessel offshore Guyana in addition to its Stena Carron drillship which is being used for development drilling production wells in the Liza field.
Click on, or paste the following link into your web browser, to view the announcement in full.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
To view the associated document to this release, please click on the following link: public://news_release_pdf/ecoatlantic06212018.pdf
To view the original release, please click here
Source: Eco (Atlantic) Oil and Gas Ltd. (TSX Venture:EOG, LSE:ECO, OTC Bulletin Board:ECAOF)
To follow Eco (Atlantic) Oil and Gas Ltd. on your favorite social media platform or financial websites, please click on the icons below.
Maximum News Dissemination by FSCwire. https://www.fscwire.com
Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!
