3rd Jul 2018 11:19
LONDON (Alliance News) - Latin America-focused upstream oil & gas company Echo Energy PLC said on Tuesday it has started drilling the final well in the four well back-to-back campaign in its Fraccion D asset, onshore Argentina.
The well targets a Tobifera high identified on 2D data, and will be drilled to a measured depth of 1,514 metres by the Petreven H-2015 rig, targeting 19.0 billion cubic feet in contingent resources.
Shares in Echo Energy were down 3.4% at 18.45 pence on Tuesday.
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ECHO.L