Stocks in play: Eco (Atlantic) Oil & Gas Ltd
Announced the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore Guyana. All required Government authorisations have been obtained, the relevant partners' approvals have been executed, and the necessary government transfer fees have been paid. Accordingly, Total has transferred to Eco yesterday the balance of $12.5 million U.S. for a 25% Working Interest in Orinduik. Eco (Atlantic) Oil & Gas Ltd shares V.EOG are trading up $0.04 at $0.77.