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The Pay Zone - Oil price, UJO/Egdon/Europa, Hunting, President, Prospex. 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.
Argentina/Paraguay: President Energy announces operations and corporate update 26 May 2021 AIM-listed President Energy, the energy company with a diverse portfolio of production and exploration assets focused primarily in South America, has provided an update with regard to operational activities and corporate matters. Highlights New gas well EV-1002 successfully completed, tested at over 100,000 m3/d (3.53 MMsft/d or 580 bopd) with excellent pressure and now on stream with production from both new wells EV-1001 and EV-1002 building Aggregate current production from the new EV wells together with the new well LB-1002 is expected to be approx. in line with pre-drill projections at approximately 170,000 m3/d (6 MMscft/d or 1,000 bopd) being the equivalent of 6,000 MMBtu ....
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 ....
RNS Number: 8157 P President Energy PLC 22 February 2021 22 February 2021. President Energy, the energy company with a diverse portfolio of production. ....