President Energy Plc
President Energy is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America.
Operations
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.
News
PPC Argentina
Alberto Fernandez says he ‘doesn’t want to default on the country’s obligations.’
https://t.co/KHOkPbWv1y
Alberto Fernandez trusted economist Matías Kulfas reassures on their commitment to repay foreign debt and blames stock market crisis on current administration and states no intention to reinstate exchange controls https://t.co/EHhSAxaheX #Argentina
.@PresidentPlc Chairman Peter Levine speaks following today's announcement https://t.co/84Hd7I4aaY
Company update - @PresidentPlc notes the recent Primary Election Results in Argentina – President is a US$ based business & trading continues as normal. Company does not envisage any material adverse impact on its business or prospects from the fall in the value of the peso
I like what Peter Levine says @PresidentPlc today, In the space of only some 20 months President has enjoyed a period of transformative progress. Despite this, President's share price, uncoupled from such progress, has dropped some 35% in value during that time- its a Buy