President’s strategy is to build a primarily South American focused oil and gas production business, targeting reserve and production growth. In addition, we have a cash generative production business in Louisiana, USA.
The Company has oil and gas production in two geographical markets: the United States and Argentina, as well as exploration assets in both countries and Paraguay.
In Paraguay, it has interest in the Pirity Block and the Hernandarias Block. The Company has operated interests in Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions as well as exploration assets in Angostura which are all situated in the Rio Negro Province in the Neuquén Basin of Argentina and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. It has interests in producing oil and gas fields in Louisiana, as operator of both the East Lake Verret field and Jefferson Island fields.
President Energy’s third-largest shareholder is the IFC, part of the World Bank Group and it is actively pursuing value accretive acquisitions of high-quality production and development assets in Argentina capable of delivering positive cash flows and shareholder returns.
With a strong institutional base of support and an in-country management team, President Energy gives UK investors rare access to the Argentinian growth story combined with world-class standards of corporate governance, environmental and social responsibility.
We are listed on the AIM market in London (ticker: PPC) and have offices in Argentina, Paraguay, and the UK.