Last checked at 
Echo Energy PLC - London-based energy company focused on Latin America - Says it has successfully completed "first operational priority" of Santa Cruz Sur plan. The plan, announced in July, aims to materially lift output at Santa Cruz Sur. Echo Energy says all three power generational units are fully operational in the Cerro Molino Oeste, El Indio Oeste and Oceano fields. They will provide power to support "existing and future production levels".
The second operational priority is focused on the "maintenance and optimisation" of the existing compressors at Cerro Norte and Campo Bremento. This will enable increased volumes of gas to be processed and then sold into the main gas export line. Further infrastructure upgrades were carried out in the Oceano field to increase the amount of available sales gas. The company has successfully converted the Oceano compressor from gas power to electrical power.
Current stock price: 0.25 pence
12-month change: down 58%
By Chris Dorrell; chrisdorrell@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
