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Argentina/Paraguay: President Energy provides operational update

Argentina/Paraguay: President Energy provides operational update
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Oil price, Kistos, Serica, Zephyr, President, Block, SDX. And finally…

Oil price, Kistos, Serica, Zephyr, President, Block, SDX. And finally…
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Inicia vacunación para adultos de 50 a 59 años en la región Mixteca

Inicia vacunación para adultos de 50 a 59 años en la región Mixteca
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INDRHI anuncia inversión de más de RD$1,200 millones en el Bajo Yuna

INDRHI anuncia inversión de más de RD$1,200 millones en el Bajo Yuna
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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 ....

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