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The Pay Zone - Oil price, UJO/Egdon/Europa, Hunting, President, Prospex. And finally…

The Pay Zone - Oil price, UJO/Egdon/Europa, Hunting, President, Prospex. And finally…
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

Mexico , Ashover , Derbyshire , United-kingdom , Tokyo , Japan , Lincolnshire , United-states , Penistone , Barnsley , Texas , China

Argentina/Paraguay: President Energy announces operations and corporate update

Argentina/Paraguay: President Energy announces operations and corporate update
26 May 2021
AIM-listed
President Energy, the energy company with a diverse portfolio of production and exploration assets focused primarily in South America, has provided an update with regard to operational activities and corporate matters.
Highlights
New gas well EV-1002 successfully completed, tested at over 100,000 m3/d (3.53 MMsft/d or 580 bopd) with excellent pressure and now on stream with production from both new wells EV-1001 and EV-1002 building
Aggregate current production from the new EV wells together with the new well LB-1002 is expected to be approx. in line with pre-drill projections at approximately 170,000 m3/d (6 MMscft/d or 1,000 bopd) being the equivalent of 6,000 MMBtu

Vaca-muerta , San-juan , Argentina , United-states , United-kingdom , Paraguay , Rio-negro , Jujuy , Switzerland , Estancia-vieja , Cóba , America

President Energy PLC (AIM:PPC) | RNS | President Energy PLC - Trading Update and Investor Presentation

RNS Number: 8157 P President Energy PLC 22 February 2021 22 February 2021. President Energy, the energy company with a diverse portfolio of production...

Puesto-flores , Neuquear , Argentina , Louisiana , United-states , United-kingdom , Canada-grande , Buenos-aires , Paraguay , Rio-negro , Jujuy , Estancia-vieja

Investegate |President Energy PLC Announcements | President Energy PLC: Trading Update and Investor Presentation

Investor Presentation

President Energy (AIM: PPC), the energy company with a diverse portfolio of production and exploration assets currently focused primarily in South America announces an unaudited 2020 trading review and a 2021 outlook.

2020 Trading
·
Turnover of approximately US$28 million, a reduction of 32% year on year driven primarily by average oil price realisations falling 33% to US$37 per barrel
·
Average net Group production up 12% year on year to over 2,700 boepd
·
December average net Group production of circa 3,300 boepd demonstrating the early impact of the new wells drilled in late Q4
·
Over US$10 million of free cash generation from operations (after workovers) and treasury income

Puesto-flores , Neuquear , Argentina , Louisiana , United-states , United-kingdom , Canada-grande , Buenos-aires , Paraguay , Rio-negro , Jujuy , Estancia-vieja

Oil price, Chariot, Angus, President, Echo. And finally…

Chariot has signed a Collaboration Agreement with Subsea Integration Alliance to work together to enable the front-end design, engineering,...

Louisiana , United-states , New-zealand , Lixus , Tanger-teuan , Morocco , Saltfleetby , Lincolnshire , United-kingdom , Argentina , Canada-grande , Buenos-aires