- Argentina-focused President Energy said it had exceeded its annual oil and gas production targets in calendar 2018.

Output for the year through December amounted to 3,300 barrels of oil equivalent per day, ahead of a 3,000 boepd target.

Annual production had risen 50% on-year.

President Energy said commercial gas sales from the Las Bases and Estancia Vieja concessions were expected to commence by the end of March.

At 8:22am: [LON:PPC] President Energy Plc share price was +0.5p at 9.7p

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