StockMarketWire.com - Westmount Energy said it had sold part of its stake in Eco Atlantic Oil & Gas, for around £1.3m.

The proceeds from the sale of around 1.6m shares would be use to to pursue opportunities in the emerging Guyana-Suriname basin, the company said.

Westmount still retained a substantial holding of 1.5m shares in Eco, representing slightly less than 1% of its issued share capital.


At 1:37pm: [LON:WTE] Westmount Energy Ltd share price was +0.25p at 15p



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