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Echo Energy teams up with GTL International to work on energy projects in Bolivia | 8 January 2021 - Vimarsana News

Echo Energy teams up with GTL International to work on energy projects in Bolivia | 8 January 2021

8 January 2021 | 07:59am StockMarketWire.com - Energy company Echo Energy signed it had signed a cooperation agreement with GTL International, a subsidiary of the Bolivian company UruboCorp, to originate and execute transactions across the energy sector in Bolivia. Under the agrement, the company and GTLI had granted each other a six month period of exclusivity to assess new business development opportunities across the energy sector in Bolivia. The cooperation agreement had an initial term of five years and may be terminated by either party without penalty on providing 6 months' notice. Sto...

Bolivia: Cooperation Agreement and Exclusivity, 8 Jan 2021 01:00 - Vimarsana News

Bolivia: Cooperation Agreement and Exclusivity, 8 Jan 2021 01:00

  Echo Energy, the Latin American focused energy company, is pleased to announce that it has signed a cooperation agreement (the "Cooperation Agreement") with GTL International S.A. ("GTLI"), a majority owned subsidiary of the  Bolivian company UruboCorp focussed on energy production and supply in Bolivia and with interests in both the hydrocarbon and renewables sectors.   Pursuant to the Cooperation Agreement the Company and GTLI will collaborate to jointly promote their business development initiatives in Bolivia, including through joint efforts to identify and assess new business develo...

IN BRIEF: Echo Energy Secures New Gas Sales Contract - Vimarsana News

IN BRIEF: Echo Energy Secures New Gas Sales Contract

IN BRIEF: Echo Energy Secures New Gas Sales Contract | Financial News

Source: lse.co.uk
Argentina: Echo Energy announces Argentina commercial update - Vimarsana News

Argentina: Echo Energy announces Argentina commercial update

Echo Energy, the Latin American focused upstream oil and gas company, has provided a commercial update regarding the Company's gas sales from the producing Santa Cruz Sur assets, onshore Argentina.

Echo Energy wins new contract to supply gas at 28% premium to spot price | 6 January 2021 - Vimarsana News

Echo Energy wins new contract to supply gas at 28% premium to spot price | 6 January 2021

6 January 2021 | 08:54am StockMarketWire.com - Oil and gas company Echo Energy said it had won a new contract to supply gas from its Santa Cruz Sur assets, onshore Argentina, at a premium of more than a fifth to the prevailing spot price. This new contract was with a key gas customer for four months until end April 2021, after which the company would supply the customer with approximately 1.4 MMscf/d gross of natural gas. The gas price under the contract was a flat $2.00 per mmbtu, representing a significant 28% premium to the prevailing local spot price in the fourth quarter of 2020, the c...