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Echo Energy to partially sell Argentina-based Santa Cruz Sur assets

Echo Energy PLC on Tuesday said it plans to sell 65% of its 70% working interest in Santa Cruz Sur in Argentina, as the company grappled with over 100% year-on-year inflation in the country. Under. | May 9, 2023

FTSE 100 Closes Down Dragged by Property Stocks; IAG Shines

The FTSE 100 closed Tuesday down 0.2% to 7764 points dragged by a fall in property stocks after a drop in U.K. house prices and amid a global markets retreat. U.K. house prices fell in April after three months of growth according to the Halifax House P. | 12:09pm

Argentina: Echo Energy announces proposed partial sale of Santa Cruz Sur assets

Echo Energy has announced the sale of 65% of the Company s 70% of the current Working Interest in Santa Cruz Sur to Selva Maria Oil and Interoil Exploration and Production for a cash consideration of up to £1.725M, an award of an option to purchase a producing Colombian portfolio and the issue of equity in Echo Energy.

FTSE 100 Closes Down Dragged by Property Stocks; IAG Shines

FTSE 100 Closes Down Dragged by Property Stocks; IAG Shines
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Production report for January 2023

Production report for January 2023
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