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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Eco Atlantic gets Exxon discovery boost

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Oil exploration firm Eco Atlantic Oil & Gas (ECO:AIM) has enjoyed a storming start to 2018 with its share price up 90% year-to-date to 33.4p. The rally is thanks to US oil major ExxonMobil announcing a sixth big discovery on the Stabroek block, Guyana.
This asset neighbours Eco’s 40%-owned Orinduik block. French energy giant Total is currently working through seismic data with an option to acquire a 25% stake in Orinduik for $13.5m. (TS)
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