Echo Energy PLC (ISE:ECHO)

Echo Energy PLC (ISE:ECHO)


Share Price
2.80 p
Change
0 (0.00 %)
Market Cap
£13.38 m
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Echo Energy PLC

Echo Energy PLC is a London listed Latin American-focused mid-cap gas company in the making.

The company is pursuing a high value piped onshore gas strategy across South and Central America, which commences with a multi tcf (trilliion cubic feet) potential exploration portfolio.

The company is led by a beam and cornerstone investor with strong regional connections and an...

EPIC: ECHO
Market: ISE:ECHO
FRA:A321
52-week High/Low: 17.90p / 2.30p
Sector: Energy
Market Cap: £13.38 m
Website: www.echoenergyplc.com
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Big Picture – A Deep Dive Examination of Echo Energy PLC


Echo Energy PLC Snapshot

Echo Energy plc is a London listed Latin American focused mid-cap gas company in the making.

Echo Energy has a bold growth strategy and the competence to rapidly deliver shareholder value from both the existing portfolio with Tapi Aike at its core, and new opportunities providing an exciting platform for growth.

Echo maintains its philosophy of equitable treatment and open communication with both private and institutional investors.

The Company is led by a highly experienced team with strong regional connections and an indisputable track record in building mid cap AIM listed gas businesses with sustainable value growth for private investors.

Why Latin America

Echo is pursuing a high value piped onshore gas strategy to exploit multi Tcf exploration potential in proven basins across LatAm.

 

Argentina

Argentina offers favourable investment opportunities in the upstream sector. A historical lack of investment means the country is now reliant on imported gas to feed its growing economy. The country is opening itself to foreign investment in a bid to replace reserves and halt the decline in domestic production.

 

Bolivia

Bolivia offers significant investment potential within the upstream gas sector. Its favourable position at the core of the continent, with existing gas hungry markets on its doorstep secures it a future as one of the principal exporting hubs of Latin America. Neighbouring gas hungry markets and an increasing domestic demand are sparking the need for future exploration.

 

Tapi Aike

Tapi Aike is one of the largest new block awards in Argentina, and is Echo's high impact, frontier scale exploration asset.

The licence benefits from extensive 2D seismic along with 3 interpreted gas discoveries, offering a significant de-risked multi-Tcf exploration opportunity.

An extensive 3D seismic acquisition programme covering 1200 sq km has recently been completed. These new data will be used to identify well locations for drilling.

James Parsons
Non-Executive Chairman


Martin Hull
CEO


Marco Fumagalli
Non-Executive Director


Stephen Whyte
Non-Executive Director


Dr. Gavin Graham
Non-Executive Director

SHAREHOLDERS WITH > 3%
Greenberry plc11.08 %
Pegasus Alternative Fund Ltd7.39 %

 

Commercial and registered office

2nd Floor
40 George Street
London, W1U 7DW
[email protected]
Tel: +44 (0) 20 7190 9930

NOMINATED ADVISOR

Smith & Williamson
25 Moorgate
London
EC2R 6AY

 

BROKERS

Hannam & Partners (Advisory) LLP
2 Park Street
London
W1K 2HX

 

AUDITORS

Crowe Clark Whitehill LLP
St Bride's House
10 Salisbury Square
London EC4Y 8EH

 

SOLICITORS

FieldFisher Waterhouse LLP
Riverbank House
2 Swan Lane
London EC4R 3TT

 

REGISTRARS

Share Registrars Ltd
The Courtyard
17 West Street
Farnham
Surrey GU9 7DR

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