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President Energy PLC Ord 1P (PPC)

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03-Mar-2015 04:29 PM

President update on Pirity concession

President Energy has noted an announcement from Petro-Victory Energy Corp - the company's 36% net working interest partner in the Pirity concession - about court action which has allegedly taken place (without any notice being given to President) in
15-Jan-2015 07:25 AM

President Energy appoints new CEO, chairman, COO

President Energy said CEO John Hamilton and COO Richard Hubbard have offered to step down from the board as of today. They would remain senior advisors and would continue to be valuable resources to the growth of President. "As a result, Peter Levi
29-Dec-2014 07:17 AM

President Energy gives Paraguay update

President's 2014 drilling campaign marks a huge achievement, having unequivocally demonstrated the presence of previously unknown Paleozoic hydrocarbon bearing formations in the Pirity Basin of the Paraguayan Chaco. This is a critical first step i
10-Dec-2014 07:20 AM

PPC encouraged

President Energy said the Lapacho x-1 well has reached TD at 4,543m in the Santa Rosa Formation, the primary pre-drill target, with 418m of the 600m target interval drilled. "Very encouraging hydrocarbon shows have been encountered throughout the g
17-Nov-2014 09:05 AM

President Energy gives Lapacho Well update

President Energy said whilst it was too soon to state a discovery has been made at the Lapacho well in Paraguay, before a full evaluation was done, there was evidence which gave encouragement in this regard. This evidence included constant background gas
01-Oct-2014 07:42 AM

PPC completes first stage drilling on Lapacho well

President Energy confirms it has successfully completed the first stage of drilling on the Lapacho well and has cased the well to a depth of 3,200 metres, approximately 1,100 metres above the projected start of the target reservoir. The Company is now p
12-Sep-2014 09:21 AM

President optimistic of exploration work in Paraguay

President Energy (AIM: PPC), the oil and gas exploration and production company focused on Paraguay with producing assets in Argentina and Louisiana, has reported that in the six months ended 30 June 2014 revenues increased marginally to $5.8m (H1 2013: $
11-Sep-2014 10:31 AM

President Energy reveals discovery in Louisiana

President Energy has announced a successful new discovery well at East Lake Verret, Louisiana, and an increase in Group production. It has moved from an average net production of 385 boepd in the first quarter of the year to currently approximately 530 b
04-Sep-2014 10:19 AM

President Energy spuds second well in Paraguay

President Energy has announced the spudding of the Lapacho well, Paraguay, the second of three wells in its potentially high impact exploration programme. This well is targeting a discrete, well-defined fault block trap within the greater prospect area,
30-Jul-2014 07:54 AM

President Energy acquires remaining 50% of Puesto Guardian Field

President Energy has purchased the 50% of Puesto Guardian Field it did not already own, together with operatorship, for a total initial purchase price of $5m with further $1.88m cash payments over 2 years. Highlights of the deal included: · Presid
16-Jun-2014 01:10 PM

President Energy resolutions passed at AGM

President Energy has confirmed that all resolutions proposed at its annual general meeting earlier today were passed. At 1:10pm: (LON:PPC) President Energy Plc share price was +0.25p at 35.75p Story provided by StockMarketWire.com...
30-Apr-2014 08:39 AM

President Energy narrows FY pretax loss

President Energy narrowed its FY pretax loss to $4.5m, from a loss of $6.3m. Revenue was $13.4m, from $11.3m. "President is looking forward to the exploration drilling in Paraguay this year as we target the significant resources identified by last y
24-Mar-2014 08:29 AM

President Energy in drilling deal for Paraguay campaign

President Energy has entered into a firm drilling contract with Queiroz Galv�£o �"leo e Gás, one of the largest drilling contractors and production services providers in Brazil, for its 2014 drilling campaign in Paraguay. The Top Drive Rig contract
03-Mar-2014 09:20 AM

President Energy to present at Leeds Investor Evening on 12th March 2014

President Energy (PPC) (PPC.L) [LON:PPC] the South American focused oil and gas company, will be presenting at the Shares Magazine and Redmayne Bentley evening in Leeds on 12th March 2014. The Evening offers the opportunity to hear from and ask questions
24-Jan-2014 07:44 AM

President Energy happy with Paraguay resource audit

President Energy said an audit of its resources in Paraguay was very positive, showed the potential for a material prize from the 2014 drilling, and has indicated the opportunity for opening up a significant new hydrocarbon province in north-western Parag
04-Nov-2013 07:30 AM

President Energy in Paraguay contract with Schlumberger

President Energy has entered an 18-month contract with Schlumberger for the provision of project management and integrated drilling and completion services, including well site supervision and engineering, for its Paraguay drilling program. President has
24-Sep-2013 08:52 AM

President Energy narrows H1 pretax loss to $2.9m

President Energy narrowed its first-half pretax loss to $2.9m, from $4.0m. Revenue totalled $5.7m, from $5.0m. The result included a $0.5m impairment charge. "The six months to 30th June 2013 have seen a period of significant activity across our ass
10-Jul-2013 07:38 AM

President Energy portfolio progressing ahead of plan

President Energy said operations across its portfolio are progressing ahead of schedule and showing positive results. In particular, it said, the initial results of the seismic survey in Paraguay were extremely promising, showing exciting prospective dr
14-Jun-2013 01:55 PM

President Energy resolutions passed at AGM

President Energy has confirmed that all resolutions put to shareholders at the company's annual general meeting earlier today (14 June) were duly passed. At 1:55pm: (LON:PPC) share price was -0.25p at 18.5p Story provided by StockMarketWire.com
02-May-2013 08:26 AM

President Energy narrows FY pretax loss, revenues up

AIM-quoted President Energy slashed its full-year pretax loss to $6.3 million, from a loss of $21.4 million. Revenue rose to $11.3 million, from $7.0 million. The prior year's result was affected by a $15.8 million impairment charge. "In my vie
02-May-2013 08:26 AM

President Energy narrows FY pretax loss, revenues up

AIM-quoted President Energy slashed its full-year pretax loss to $6.3 million, from a loss of $21.4 million. Revenue rose to $11.3 million, from $7.0 million. The prior year's result was affected by a $15.8 million impairment charge. "In my vie
02-May-2013 08:26 AM

President Energy narrows FY pretax loss, revenues up

AIM-quoted President Energy slashed its full-year pretax loss to $6.3 million, from a loss of $21.4 million. Revenue rose to $11.3 million, from $7.0 million. The prior year's result was affected by a $15.8 million impairment charge. "In my vie
02-May-2013 08:26 AM

President Energy narrows FY pretax loss, revenues up

AIM-quoted President Energy slashed its full-year pretax loss to $6.3 million, from a loss of $21.4 million. Revenue rose to $11.3 million, from $7.0 million. The prior year's result was affected by a $15.8 million impairment charge. "In my vie
15-Apr-2013 08:19 AM

President Energy starts Puesto Guardian fraccing

President Energy said fraccing operations have started at its Puesto Guardian concession in Argentina, with a work-over having begun on a first-phase, three well programme as a necessary prelude. Work-over and fraccing will operate in tandem with the fir
26-Mar-2013 12:55 PM

President finds further drilling propsects in Louisiana

President Energy has reported that its new well in Louisiana is producing ahead of expectations. Total production from President's Louisiana fields is now at a three year high of some 250 boepd, of which 85% is oil. New drilling prospects have been
 
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