Eco Atlantic Oil & Gas CEO, Gil Holzman (LON:ECO) talks to Proactive London's Katie Pilbeam about the balance sheet, which at present has no debt and strong cash reserves.
Holzman says the company remain fully funded for its further near-term drilling plans in Guyana and continues to evaluate additional value-enhancing opportunities.
He says beginning in January, 'I see the effect of champagne bottles exploding in terms of activity, in terms of oil prices and in terms of renewed interest in the best exploration names'.
