Project Profile
Location: Tarija Basin, south of Bolivia
Value: Undisclosed
Area: 500 sq.km
Reserves: 1.7 tcf
The Rio Salado licence surrounds the Huayco block and lies in southern Bolivia, approximately 290 km south of the city of Sucre and 60 km east of Tarija. The block sit within the prolific Tarija basin, lying to the east of the Andes within the sub-Andean foothills. The field is estimated to contain 1.7 tcf reserves. The licence covers an area about 500 sq.km. Echo is currently participating in a Technical evaluation Agreement with Pluspetrol and YPFB in the Rio Salado block, which, upon completion, will enable the companies to negotiate a commercial agreement with YPFB, defining a work programme and likely lead to exploration drilling.
Operators:
Echo Energy
Pluspetrol
YPFB