President Energy PLC Company Presentation
December 03 2018 - 2:01AM
RNS Non-Regulatory
TIDMPPC
President Energy PLC
03 December 2018
3 December 2018
PRESIDENT ENERGY PLC
("President", "the Company" or "the Group")
Corporate Update
President Energy (AIM: PPC), the upstream oil and gas company
with a diverse portfolio of production and exploration assets
focused primarily in Argentina, provides a corporate update with a
new Company presentation.
The presentation is now available on the Company's website at
www.presidentenergyplc.com/investors/presentations
Contact:
President Energy PLC
Peter Levine, Chairman, Chief Executive
Rob Shepherd, Group FD +44 (0) 207 016 7950
finnCap (Nominated Advisor & Joint
Broker)
Christopher Raggett, Scott Mathieson +44 (0) 207 220 0573
BMO Capital Markets (Joint Broker)
Jeremy Low, Tom Rider +44 (0) 207 236 1010
Camarco Financial PR
Billy Clegg, Jane Glover, Violet
Wilson +44 (0) 203 757 4980
Notes to Editors
President Energy is an oil and gas company listed on the AIM
market of the London Stock Exchange (PPC.L) primarily focused in
Argentina, with a diverse portfolio of operated onshore producing
and exploration assets. The Company currently has independently
assessed 1P reserves in excess of 15 MMboe and 2P reserves of more
than 27 MMboe.
The Company has operated interests in the Puesto Flores and
Estancia Vieja Concession, Rio Negro Province, in the Neuquén Basin
of Argentina and in the Puesto Guardian Concession, in the Noroeste
Basin in NW Argentina. The Company is focused on growing production
in the near term in Argentina. Alongside this, President Energy has
cash generative production assets in Louisiana, USA and further
significant exploration and development opportunities through its
acreage in Paraguay and Argentina.
President 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 (including the IFC, part of
the World Bank) 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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