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
Investors appeared to approve of Macri's choice of Miguel Pichetto as his vice-presidential candidate - JP Morgan country risk improved 7% and Country's benchmark Merval equities index closed up 4% on the news

In case you missed it, you can catch the #PresidentEnergy 2018 Annual Results Investor Call here

Two new acquisitions in Argentina completed, including a strategic pan-regional gas pipeline and large scale gas plant, which unlocks President’s gas potential

According to @finnCap “these results demonstrate that President’s transition is complete and, while there is more to come, they give a taster of the transformation that these assets can deliver.” finnCap re-iterated their target price of 20p

Broker @finnCap commented “A very active and impressive year for President, with strong operational performance delivering record results.”

Fully funded US$50 million 2019/20 progressing, Company on track to achieve 2019 year end exit target production in excess of 4,900 boepd #PresidentEnergy #Oil #Gas #OilAndGas

#PresidentEnergy Audited Results for the year ended 31 December 2018
and unaudited first quarter 2019 update

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