8 Jan 2019 14:03
8 January 2019
Echo Energy plc
("Echo Energy" or the "Company")
Update re Well Stimulation Programme
Further to the Company's announcement of 11 December 2018, the Company confirms that the equipment required for the stimulation of the EMS-1001 well, drilled in June 2018 on the Company's Fracción C licence, onshore Argentina, has now arrived on site and that stimulation operations have commenced.
For further information please contact:
Echo Energy Martin Hull, Managing Director |
m.hull@echoenergyplc.com |
Cenkos Securities (Nominated Adviser) David Jones Ben Jeynes Katy Birkin
| +44 (0)20 7397 8900 |
Hannam & Partners (Joint Corporate Broker) Giles Fitzpatrick Andrew Chubb Ernest Bell
| +44 (0)20 7907 8500
|
Shore Capital (Joint Corporate Broker) Jerry Keen
| +44 (0)20 7408 4090 |
Vigo Communications (PR Adviser) Patrick d'Ancona Chris McMahon
| +44 (0)20 7390 0230 |
Note
The assignment of Echo´s participation in the Fracción C, Fracción D, Laguna Los Capones and Tapi Aike licences is subject to the authorisation of the Executive Branch of Santa Cruz´s Province, which is part of the overall process of title transfer that is proceeding as anticipated. The licences are operated by Compañía General de Combustibles S.A. ("CGC").
Echo Energy (ECHO)