President Energy completed Farm-In agreements to the Pirity concession in Paraguay in October 2012, and Hernandarias in August 2014.

President has a 100 per cent interest in the Pirity Block and a 40 per cent interest with the ability to earn a further 40 per cent in the Hernandarias Block.

Pirity and Hernandarias

The Pirity and Hernandarias Concessions are located in the Pirity Sub-Basin, itself an extension of a proven petroleum system in the Olmedo Sub Basin on the Argentine side of the border.

To view the Pirity and Hernandarias concession laws, please follow the links below:

Law 3479
Law 3549

Law 5259


Jacaranda-1 Preliminary Results September 2014

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Paraguay Update August 2014

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Updated RPS Audit Report of certain Prospective Resources, Onshore Paraguay

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