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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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 Argentina, Paraguay and the United States.

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PPC Argentina

"It's very much step by step but it's good to get the first well of the programme drilled successfully and under our belt" - Peter Levine, Chairman.

Next well ➡️ EV-1001, Estancia Vieja field. Pictures of the prepared well location below!

Full RNS - http://bit.ly/3wNPfFG

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Drilling Update RNS

✅ New well LB-1002 drilled, logged and cased on time and on budget

➡️ Rig moving to next well location, EV-1001 at the Estancia Vieja field, Rio Negro

Full RNS - https://bit.ly/3wNPfFG

#drilling #RioNegro #PPC

Site preparation and finishing up the EV-1001 well location in the Estancia Vieja field, Rio Negro.

This well is the next to be drilled as part of the H1 2021 drilling campaign. EV-1001, a twin well of EV x-1, has a target depth of 1850 metres.

#drilling #RioNegro #PPC

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Puesto Flores facility in Rio Negro, Argentina.

The development of the new treatment plant continues on schedule. First stage completion and start of operations is projected for end of June, resulting in an estimated $4/boe reduction in operating costs ✅

#savings #opex #PPC

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