Echo Energy has agreed with CGC to acquire a 50% interest in each of the FracciÃ³n C (5,288 sq km), FracciÃ³n D (280 sq km), Laguna de los Capones (398 sq km) and Tapi Aike (5,187 sq km) licences in the Austral Basin, Santa Cruz. Blocks total 11,153 sq km and provide Echo with new gas exploration potential and production. Echo operatorship is involved of FracciÃ³n C & D. The deal is pending necessary approvals for completion, after which drilling is pencilled for 1Q â18. 
Argentina (Austral B.)	Echo Energy has agreed with CGC (->50%) to acquire a 50% interest in each of the FracciÃ³n C (5288kmÂ²), FracciÃ³n D (280kmÂ²), Laguna de los Capones (398kmÂ²) and Tapi Aike (5187kmÂ²) licences. 