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Eco Atlantic Oil & Gas ( (TSE:EOG) ) has shared an announcement.
Eco Atlantic Oil & Gas Ltd. reported its audited financial results for the year ended March 31, 2025, highlighting a cash position of $4.7 million and no debt. The company has been active in its operations, particularly in South Africa, where it completed a farm-down of Block 3B/4B and acquired significant seismic data for Block 1. The company is preparing for a farm-out process and potential drilling campaigns, which could significantly impact its exploration and development activities. The ongoing processes in Namibia and Guyana also suggest potential growth and value creation for stakeholders.
More about Eco Atlantic Oil & Gas
Eco Atlantic Oil & Gas Ltd. is an oil and gas exploration company focused on the offshore Atlantic Margins. The company is involved in exploring and developing oil and gas resources, with a market focus on regions such as South Africa, Namibia, and Guyana.
For detailed information about EOG stock, go to TipRanks’ Stock Analysis page.