Echo Energy Plc (LON:ECHO) has told investors that a 3D seismic survey has been completed for the eastern portion of the Tapi Aike project onshore Argentina.
Equipment is now being mobilised to the western portion, in order to complete the programme.
The eastern programme covers some 414 square kilometres while the western portion will cover some 790 square kilometres. Date from the whole Tapi Aike survey programme will support plans for future drilling.
“Initial indications suggest very good data quality,” Echo said in a statement.
Elsewhere in Argentina, at the Fracción C licence, Echo said it is currently using results of mechanical stimulation at the EMS-1001 well to refine a mechanical stimulation design for the ELM-1004 well.
The analysis will enable a final decision to be taken on whether to proceed with the stimulation, the company said.