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Echo Energy's VP of Exploration 'very encouraged' by recent Argentina drilling

Julian Besser, Echo Energy Plc's (LON:ECHO) VP of Exploration, discusses with Proactive's Andrew Scott their recent exploration campaign in Argentina.

''The first half of this year's been focusing on the east of the Austral basin … we've got acreage in both the west and east … and one of the key questions we had about the east was how much growth potential do we have, what's the running room … so that's what this exploration campaign was addressing''.

''We've got two reservoirs … and we were testing those on both an oil fairway and a gas migration fairway, so that gives rise to our four plays and each of those wells were testing those plays''.

Quick facts: Echo Energy PLC

Price: 2.65 GBX

AIM:ECHO
Market: AIM
Market Cap: £18.86 m
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Echo Energy's Fiona MacAulay delighted with Argentina exploration programme

Echo Energy Plc's (LON:ECHO) Fiona MacAulay spoke to Proactive's Andrew Scott following the completion of their four-well programme in Argentina. ''To have encountered hydrocarbons in each of those four wells has been very exciting for me and specifically for the team''. MacAulay says...

on 12/7/18

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