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

RNS - Secondary Recovery Project

Positive results from the secondary recovery pilot project at Puesto Flores field ✅
Potentially significant implications for arresting and reversing declines in Rio Negro ✅

RNS for more ➡️ https://bit.ly/3uFNZDd

#operations #RioNegro #PPC

Operations and Prices Update RNS

EV-1002 drilled on time and budget, results in line with expectations ✅
LB-1001 placed on production ✅
EV-1001 successfully completed ✅
Oil and gas prices significantly higher than last year ✅

RNS ➡️ https://bit.ly/3uzlRkN

#RioNegro #PPC

Great setting at the new well EV-1001 location at our Estancia Vieja field, Rio Negro. Units on site for hydraulic stimulation of the well.

As per latest RNS, this well will be placed on stream within 14 days subject to successful completion ➡️ http://bit.ly/3e9KPln

#PPC

Slickline working at new gas well LB-1002, Las Bases field, and hot tap procedure to connect the well to the main line

As stated last week, LB-1002 was successfully completed and initial production levels 30% better than anticipated ➡️ RNS http://bit.ly/3e9KPln

#RioNegro #PPC

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