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Malcy's Blog: Oil price, Cairn, GKP, President. And finally…

Malcy's Blog: Oil price, Cairn, GKP, President. 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.

United-states , India , Egypt , United-kingdom , Argentina , Saudi-arabia , Rio-negro , Jujuy , Ras-tanura , Ash-sharqiyah , Estancia-vieja , Cóba

Argentina: President Energy announces Rio Negro 2021 drilling update

Argentina: President Energy announces Rio Negro 2021 drilling update
energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.

United-states , Rio-negro , Jujuy , Argentina , Estancia-vieja , Cóba , Puesto-flores , Neuquéar , America , Peter-levine , Loma-mantosa ,

President Energy earnings slump as lower crude price hits revenue | 22 February 2021

22 February 2021 | 07:52am
StockMarketWire.com - Argentina-focused oil company President Energy said it would post a drop in annual earnings and revenue, as lower crude prices offset a rise in output.
Revenue for the year through December was seen falling 32% to around $28 million, driven primarily by average oil price realisations falling 33% to $37 per barrel.
Adjusted earnings before interest, tax, depreciation and amortization would be around $3 million, down from the $11.6 million reported by the in 2019.
Average net production rose 12% to over 2,700 barrels of oil per day.
In December, output had climbed to about 3,300 boepd demonstrating the early impact of the new wells drilled late in the fourth quarter.

Rio-negro , Villa-hayes , Paraguay , President-energy , Las-bases , Estancia-vieja , President-energy-plc , Lon-ppc , Ppc-l , Ppc , ரியோ-நீக்ரோ

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

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines President Energy earnings slump as lower crude price hits revenue

Investegate, President Energy earnings slump as lower crude price hits revenue by BFN News From InvestEgate

Rio-negro , Villa-hayes , Paraguay , President-energy , Las-bases , Estancia-vieja , Company-news , Corporate-news , Stock-news , Stock-exchange-news , Lse-news

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

Investegate |President Energy PLC Announcements | President Energy PLC: Notice of Trading Update

Investegate announcements from President Energy PLC, Notice of Trading Update

Louisiana , United-states , United-kingdom , Argentina , Puesto-flores , Neuquear , Paraguay , Rio-negro , Jujuy , Estancia-vieja , Cóba , London

Argentina: President Energy announces operational update

Argentina: President Energy announces operational update
03 Feb 2021
Puesto Flores and its beneficial impact on opex.
Highlights
Material savings in opex expected from start H2 2021
Treatment plant development
The development of the treatment plant in Puesto Flores referred to in the Company's announcement of 22 December 2020 has commenced and to date is on time and on budget.
The first stage of the development, which President has now fast tracked, is projected to be completed by the end of June whereupon oil will be capable of being delivered by truck to refineries direct from the core Puesto Flores/Estancia Vieja fields without going through third-party pipelines, treatment and water disposal facilities.

Argentina , Puesto-flores , Neuquear , Argentine , President-energy , Estancia-vieja , அர்ஜெண்டினா , பூெஸ்டோ-ஃப்ளோர்ஸ் , ஆர்கெண்டைன் , ப்ரெஸிடெஂட்-ஆற்றல் , எஸ்டான்சியா-வீஜா

President Enrgy Regulatory News. Live PPC RNS. Regulatory News Articles for President Energy Plc Ord 1P

Paraguay update

President Energy (AIM: PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina announces an update on developments in Rio Negro.

Highlights
• New treatment plant to be built in Rio Negro with a projected completion of August 2021
• Will eliminate third party treatment costs with total savings estimated at US$2.5 million per year
• $5 million aggregate cost of project funded by favourable new Peso based medium term loan provided by Banco Hipotecario
• Of the US$3.7 million bank loan outstanding at the half year, US$2.2 million has already been repaid
• Paraguay farm out negotiations materially advanced

Louisiana , United-states , United-kingdom , Argentina , Puesto-flores , Neuquear , Paraguay , Rio-negro , Villa-hayes , Estancia-vieja , Cóba , London