The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEcho Energy Share News (ECHO)

Share Price Information for Echo Energy (ECHO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0031
Bid: 0.003
Ask: 0.0032
Change: 0.00 (0.00%)
Spread: 0.0002 (6.667%)
Open: 0.0031
High: 0.0031
Low: 0.0031
Prev. Close: 0.0031
ECHO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Echo Energy Commences Drilling At Tapi Aike License In Argentina

Thu, 21st Nov 2019 13:47

(Alliance News) - Echo Energy PLC said Thursday it has commenced the drilling of the Campo La Mata x-1 well on its Tapi Aike licence in Argentina.

The oil and gas firm said Campo La Mata x-1 well is the first well of an expected four-well Tapi Aike exploration drilling programme and is located in the eastern portion of the 3D seismic area, the Chiripia Oeste.

The primary target of the well is a stratigraphic trap which lies in the Magallanes Formation, at an approximate depth of 2,000 meters, while a secondary horizon is in the Anita formations at depths of 2,225 meters, company said.

Campo La Mata x-1 well will be drilled to a total measured depth of approximately 2,600 meters, and core samples from Magallanes formation will be extracted and tested.

The completion of the well is expected to take approximately four weeks. Should the test results of drilling and logging support further operations, this is anticipated to take a further five to six weeks, the company said.

Echo Energy shares were up 2.6% in London at 2.72 pence each on Thursday.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

More News
12 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: TUI Warning Drags Down IAG And easyJet

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - down 3.8%. The Anglo-German travel operator

Read more
12 Feb 2019 10:02

Echo Energy Well In Argentina Shut-In Following Disappointing Tests

LONDON (Alliance News) - Echo Energy PLC said Tuesday it did not recover any hydrocarbons from the mechanical stimulation and testing operations of well EMS-1001 at its Fraccion C licence, onshore

Read more
12 Feb 2019 08:23

Echo Energy shutting in well after disappointing testing

(Sharecast News) - Echo Energy updated the market on its mechanical stimulation and testing operations on the EMS-1001 well in its Fracción C licence, onshore Argentina, on Tuesday, confirming they had now been completed.

Read more
12 Dec 2018 11:06

Cenkos Securities CFO To Step Down, Adds 12 Smith & Williamson Clients

LONDON (Alliance News) - Cenkos Securities PLC said Wednesday Chief Financial Officer Phillip Anderson is stepping down from the company as it completes the acquisition of Smith & Williamson a

Read more
11 Dec 2018 10:46

Echo Energy Shares Drop On Well Delay, Chief Executive Steps Down

LONDON (Alliance News) - Shares dropped in Echo Energy PLC on Tuesday as a delay in the stimulation of one of the company's wells, coincided with the stepping down of Chief Executive Officer C

Read more
2 Nov 2018 11:40

Echo Energy Appoints Gavin Graham As Non-Executive Director

LONDON (Alliance News) - Echo Energy PLC said Friday it appointed Gavin Graham as independent non-executive director of the company with immediate effect.The company said that Graham has 40

Read more
22 Oct 2018 11:14

Echo Energy Multiplies Production At Canadon Salto Wells

LONDON (Alliance News) - Echo Energy PLC said Monday it completed work on four wells in the Canadon Salto Field in Argentina as part of its plan to boost production.The Latin American oil 5

Read more
15 Oct 2018 11:28

Echo Energy Signs Technical Evaluation Agreement Over Rio Salado Block

LONDON (Alliance News) - Latin America-focused oil & gas company Echo Energy PLC said on Monday it has signed a technical evaluation agreement with Yacimientos Petroliferos Fiscales Bolivianos

Read more
3 Oct 2018 11:03

Echo Energy Connects First Well For Production At Canadon Salto Field

LONDON (Alliance News) - Echo Energy PLC on Wednesday said a series of pulling jobs have now been completed at four oil wells on the Canadon Salto field, which were aimed at increasing field oil

Read more
2 Oct 2018 11:31

Echo Energy Appoints Finance Boss Martin Hull To Board

LONDON (Alliance News) - Oil & gas firm Echo Energy PLC on Tuesday said it appointed its Chief Financial Officer Martin Hull to the board of directors with immediate effect.Hull was as

Read more
12 Sep 2018 11:48

Echo Energy Interim Loss Widens On Higher Financial Costs

LONDON (Alliance News) - Echo Energy PLC said Wednesday that its loss for the first half of its financial year increased as financial costs spiked.For the six months to June 30, the company

Read more
7 Sep 2018 10:28

Echo Energy To Acquire 3D Seismic Data For Argentinian Assets

LONDON (Alliance News) - Latin American-focused oil and gas company Echo Energy PLC said on Friday it has agreed to acquire 3D seismic over several leads on its Tapi Aike, Fraccion C and Fraccion

Read more
7 Sep 2018 07:38

Echo Energy teams up with Argentinian contractor for 3D seismic programme

(Sharecast News) - Echo Energy has teamed up with an Argentinian contractor for a 3D seismic programme on its assets in the South American nation, starting with its "high impact, frontier scale" Tapi Aike exploration area.

Read more
31 Aug 2018 12:48

Echo Energy To Receive Argentine Payments In Dollars; Signs In Bolivia

LONDON (Alliance News) - Echo Energy PLC said Friday it will receive US dollars for gas sales in Argentina instead of Argentine pesos, as it also signed a letter of intent to sign a new one-year a

Read more
28 Aug 2018 10:58

Echo Energy Shares Plunge As Tobifera Gas Found To Be Insufficient

LONDON (Alliance News) - Shares plunged in Echo Energy PLC on Tuesday as it said following the completion of the CSo-2001(d) well the gas within was revealed to be "insufficient" to to D

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.