09:50 AM EST - Eco (Atlantic) Oil & Gas Ltd. : Announced its results for the three months ended September 30, 2017. The company entered into an option agreement that provides Total E&P Activités Pétrolières, (a wholly owned subsidiary of Total SA), with an option to acquire a 25% Working Interest in the Orinduik Block. Total paid $1 million U.S. for the option. Total has 120 days from the date of receipt of the 3D seismic data to exercise the option in return for a $12.5-million U.S. cash payment to Eco Guyana. On November 13, the Company entered into an agreement with Africa Oil Corp whereby AOC subscribed for 29,200,000 shares in the Company for gross proceeds of $14 million. Eco (Atlantic) Oil & Gas Ltd.
shares V.EOG are trading unchanged at $0.44.
