30th May 2022 18:47
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. Read More