President Energy Plc

President Energy Plc

President Energy is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America.

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The portfolio consists of a balance of high margin production primarily in Argentina with additional production in Louisiana. In addition, we have further significant exploration and development opportunities through our acreage in Paraguay and Argentina.

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PPC Argentina

Midas Column - Mail on Sunday, see @PresidentPlc as a Group that has been transformed over the past 18 months into a profitable cash generative business and at 6.95p, rates the shares as a buy

The move endorses the Province & Argentina as a world class hydrocarbon territory and in particular gas in Rio Negro which is attracting significant interest and investment internationally. If these reports are accurate this supports President's drive for gas policy in Rio Negro

Another major moves into #Argentina. It has been reported that Gazprom considering moving into large scale gas production in the Rio Negro Province, Argentina by acquiring a stake in one of the key producing assets there #OilAndGas #RioNegro #NatGas

Double the expected number of areas were allocated – bidders found for 18/38 blocks on offer, with triple the amount of expected capital commitments made with companies splashing out nearly $1 billion in high bids

Successful bidders included ExxonMobil, Shell, Total, Wintershall and Equinor - with Mitsui, BP, ENI & Tullow entering Argentina for the first time

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