Argentina/Paraguay: President Energy announces operations and corporate update
04 Aug 2021
AIM-listed
President Energy, the energy company with a diverse portfolio of hydrocarbon production and exploration assets focused primarily in South America as well as
Atome, a new green hydrogen and ammonia company, provides an operational update in relation to its oil and gas activities in Argentina and Paraguay as well as the contemplated listing of Atome on the London Stock Exchange.
Highlights
The new oil treatment plant at the Puesto Flores field, Rio Negro, Argentina is fully operational with savings in line with expectations at approximately US$4 per barrel
At Puesto Guardian, Salta Province, Argentina drilling programme to start October
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