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Molecular Energies shares receive Argentina election boost

Shares in Molecular Energies PLC (AIM:MEN, OTC:PPCGD) (MEN) were up as much as 9% in early trade as the group pointed to the potential positives of the...

Argentina , Nuevo-energia , Javier-milei , Molecular-energies , President-nuevo-energia , Green-house-capital ,

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