#ECHO Echo Energy PLC – Debt Restructuring Completion & Issue of Equity

Echo Energy plc, the Latin American focused energy company, announces that in respect of completion of the restructuring of the Company’s Luxembourg listed EUR 20.0m 8.0% secured notes (the “Notes”) and the Company’s 5.0 million 8.0% secured convertible debt facility (the “Facility”), it has today made application for 3,570,766,386 new ordinary shares in the Company […]

Echo Energy #ECHO – Operations Update: Production and Infrastructure Enhancement Plan

Echo Energy, the Latin American focused energy company, is pleased to provide an operational update regarding further progress in the execution of the Santa Cruz Sur assets production and infrastructure enhancement plan first announced by the Company on 7 July 2022 (the “Enhancement Plan”). Upgrades to the workover rig owned by the Santa Cruz joint […]

Echo Energy #ECHO – Result of Bondholder Meeting and Directorate Change

Echo Energy #ECHO, the Latin American focused energy company, is pleased to announce that at the meeting of the holders of the Company’s Luxembourg listed EUR 20.0m 8.0% secured notes (the “Notes”) held earlier today (the “Noteholder Meeting”), the proposals to restructure the Notes as announced on 5 September 2022 (the “Proposals”) were duly passed […]

Echo Energy #ECHO – Directorate Change

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  Echo Energy plc, the Latin American focused upstream energy company, announces that Stephen Whyte, Non-Executive Director, will be stepping down from the Board following the Company’s forthcoming Annual General Meeting to be held on 27 June 2022.  James Parsons, Chairman, commented:  “I would like to thank Stephen for his invaluable contribution to the business […]

‘Crypto and Black Gold – Higher the Risk, Higher the Reward’

By Arjun Thakkar and Alan Green Bitcoin worth more than $200bn was wiped off the crypto market on 12th of May. The crash in the BTC price accompanied a generally volatile and uncertain stock market that has seen the Dow Jones and FTSE100 down by 12.7% and 3.7% respectively from the start of the year. […]

#ECHO Echo Energy – Total Voting Rights

Echo Energy, the Latin American focused full cycle energy company announces, in accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, the following information as at 31 January 2022:     Class of share   Total number of shares   Number of voting rights per share   Total number of voting rights per […]