Echo Energy Share News (ECHO)

AIM WINNERS & LOSERS: Westminster wins contract; i3 cuts guidance

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Echo Energy shares up on "critical steps" towards Santa Cruz plan

(Alliance News) - Echo Energy PLC shares were up on Friday as it said it has made "critical steps" in its Production & Infrastructure Enhancement plan for its Santa Cruz Sur assets.

Echo Energy raises GBP600,000 in oversubscribed placing

(Alliance News) - Echo Energy PLC on Monday said it has raised GBP600,000 via an oversubscribed placing of 242.0 million shares at 25 pence each.

IN BRIEF: Echo Energy proposes placing and debt restructuring

Echo Energy PLC - London-based energy company focused on Latin America - Proposes placing by way of accelerated bookbuild to raise at least GBP450,000 in shares at 0.25 pence each. The issue price is around a 3% discount to Thursday's closing price of 0.257p. Also proposes restructuring of existing debt, conditionally agreeing with Lombard Odier Asset Management Europe Ltd to convert its EUR5.0 million 8.0% secured convertible debt facility with LO into new shares at 0.45p each. The conversion price is a 75% premium to the closing price on Thursday, it says.

IN BRIEF: Echo Energy closer to boosting Santa Cruz Sur output

Echo Energy PLC - London-based energy company focused on Latin America - Says equipment mobilised at Santa Cruz Sur asset as part of plan to upgrade power generation capacity to levels sufficient to sustain elevated output. Echo in July had announced plans to materially lift output at Santa Cruz Sur. Echo on Monday says equipment has been mobilised at asset and installation will take a month.

TRADING UPDATES: Michelmersh Brick, Mattioli Woods on-track for growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

TRADING UPDATES: Anglo-Eastern Plantations sees palm oil prices rise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Echo Energy increases gas production at Oceano field

Echo Energy PLC - London-based energy company focused on Latin America - Says daily gas production at Oceano field has materially increased following upgrade programme. Over the first quarter, the field produced an average of 1.72 million standard cubic feet gas per day, and is now producing 2.63 million standard cubic feet per day since the upgrades. Total average gas production net to Echo across the Santa Cruz Sur assets for the 12 days to May 21 rises to 8.4 million standard cubic feet, which is 14% higher than the average for the first quarter.

Echo Energy secures new gas sales contracts at "significant" premiums

(Alliance News) - Latin-American focused upstream energy company Echo Energy PLC said on Tuesday that it secured two new gas sales contracts at significant premiums to 2021 contracted rates.

IN BRIEF: Echo Energy posts lower quarterly oil production

Echo Energy PLC - London-based energy company focused on Latin America - Provides operational update on its Santa Cruz Sur assets in Argentina for the first quarter. Compared to the fourth quarter of 2021, total net production of barrels of oil equivalent per day grows by 6% to 1,491. However, this is below the average net daily production of 1,966 it achieved in the year 2020.

Ferrexpo promotes non-exec director to senior independent director

Ferrexpo promotes non-exec director to senior independent director

Echo Energy enters Chilean market with 70% interest in solar project

Echo Energy enters Chilean market with 70% interest in solar project

TRADING UPDATES: ITM eyes fundraise; Marshall Motor buys Motorline

TRADING UPDATES: ITM eyes fundraise; Marshall Motor buys Motorline

TRADING UPDATES: Inland gets Basildon permission; ICG assets grow

TRADING UPDATES: Inland gets Basildon permission; ICG assets grow