StockMarketWire.com - London and Toronto-listed Eco Atlantic Oil & Gas booked a deeper third-quarter loss, as it continued to develop prospects in Guyana and Namibia.

Net losses for the three months through June amounted to 8.9m Canadian dollars, compared to losses of C$0.9m on-year.

As at 30 June, the company had C$42.2m in cash and cash equivalents.

Eco Atlantic announced a large oil discovery offshore Guyana with partner Tullow Oil earlier this month.


At 2:31pm: [LON:ECO] Eco Atlantic Oil Gas Ltd share price was -1.5p at 147p



Story provided by StockMarketWire.com