Tag Archive for gas

President Energy boosted by early indications of development well success in Argentina (PPC)

Argentina-focused President Energy (LSE:PPC) told investors today that results from the first of three wells planned at its Puesto Flores field are at the ‘upper end of expectations’, sending shares up by 3pc to 8.4p. The business said the PFO 1001 development well, which spudded last month, found oil shows in at least three formations,…

Echo Energy completes inflow tests on EMS-1001 well and signs new deal in Bolivia (ECHO)

Echo Energy (LSE:ECHO) released news on three developments this morning. Firstly, the Latin  America focused company reported the signing of a Technical Evaluation Agreement (TEA) with Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for the Rio Salado Block, onshore Bolivia. The work programme will include the interpretation of three 2D seismic lines, acquired in 2015 / 2016…