News Results for President Energy (PPC)

President Energy said it would conduct more drilling at its Puesto Flores and Estancia Vieja concession in Rio Negro province, Argentina after gleaning promising results from previous wells. A...

President Energy said it had decided to reactivate the Estancia Vieja field in Argentina following a series of tests. Three test wells were carried out, with two producing median rates of around...

Peel Hunt today upgrades its investment rating on President Energy Plc (LON:PPC) to buy (from add) and raised its price target to 13p (from 11p). Story provided by StockMarketWire.com Broker...

President Energy said its proven oil and gas reserves estimates in Argentina had remained steady, though there was an increase in reserves at its higher-value Neuquén Basin prospect. Argentine...

President Energy said it had put in place plans to obtain a secondary listing in Argentina. The listing, on the Bolsa de Comercio de Buenos Aires, was expected to take place towards the end of the...

President Energy, the upstream oil and gas company focused primarily on Argentina, has recorded record results in January with each concession making good returns and contributing profits. The...

Peel Hunt today downgrades its investment rating on President Energy Plc (LON:PPC) to add (from buy) and set its price target at 11p. Story provided by StockMarketWire.com Broker Forecasts data...

Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 12p (from 11p). Story provided by StockMarketWire.com

President Energy has sold its non-operated interest in the East White Lake field in Louisiana to Alpha Imperial for $525,000. The sale would reduce debt and provide more resources to develop the...

President Energy said it had completed the work-over of two wells in Argentina under budget, helping to increase the associated field's production levels. Two wells at the Puesto Flores field in...

President Energy said the Rio Negro provincial legislature has approved a 10-year extension agreement for the Puesto Flores and Estancia Vieja concession in Argentina. President said it looked...

President Energy said its Argentinian subsidiary has agreed to its first commercial bank lending arrangements, through BACS Banco de Credito y Securitizacion S.A and Banco Hipotecario. The $8m...

finnCap today reaffirms its corporate investment rating on President Energy Plc (LON:PPC) and cut its price target to 19p (from 21p). Story provided by StockMarketWire.com

President Energy has confirmed that all resolutions were passed by shareholders at today's General Meeting. At 2:09pm: (LON:PPC) President Energy Plc share price was -0.13p at 10.25p Story...

President Energy, the upstream oil and gas company, is expected to receive over US$3 million net cash proceeds from its Argentine oil sales in November. The fully funded workover programme at the...

President Energy has upgraded the prospective resource at its Puesto Guardian Concession, Matorras and Ocultar licenses in South America. The company said gas and condensate prospects amounted to...

President Energy confirmed it has issued 66,656,510 new ordinary shares at 10p apiece, raising gross proceeds of £6.67m. At 1:34pm: (LON:PPC) President Energy Plc share price was -1.63p at...

President Energy said that it intends to raise approximately $8m, or about £6.1m through a placement offer to advance its oil and gas interests in Argentina. The company also intends to raise up...

President Energy said it has banked proceeds from the first delivery of oil from the recently-acquired Puesto Flores field in Argentina. The $1.5m proceeds represent the revenue from the first...

Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 11p (from 10p). Story provided by StockMarketWire.com

President Energy, an upstream oil and gas company, has bought Chevron's 100% operated interest in its oil producing assets at Puesto Flores and Estancia Vieja in the Rio Negro Province, Argentina....

finnCap today initiates coverage of President Energy Plc (LON:PPC) with a corporate investment rating and price target of 21p. Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

President Energy provided an update on its continued work-over programme at its Puesto Guardian Concession, Argentina together with an update on group production. WORKOVER PRODUCTION Since the...

President Energy provided an update on its continued work-over programme at its Puesto Guardian concession, Argentina. Since the last workover update on 14 June 2017, President completed work on...

President Energy said June proved to be a record month for oil sales from operations in the Puesto Guardian Concession, Argentina. It generated invoiced revenue for President of more than $1.2m...

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President Energy said it had achieved success since commencing the slated programme of work on old shut-in wells following on from the two successful workovers of producing wells earlier in the...

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President Energy has appointed specialist global oil and gas adviser ENVOI to support the prospective farm-outs of its Paraguay interests, and has also provided an updated management estimate of...

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Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 10p (from 12p). Story provided by StockMarketWire.com

President Energy has appointed Bruce Martin to the post of CFO. Story provided by StockMarketWire.com

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President Energy has lifted its FY group production and posted a wider pretax loss for the 12-month period. Group production increased 3% to 506 boepd, from 490 boepd in 2015. It had since...

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President Energy is pursuing claims against two service providers for what it assesses are loss and damages of $10m in total, in relation to what it alleges as their actions/omissions in relation...

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President Energy announced the acquisition of incremental production in Louisiana. HIGHLIGHTS: - Acquisition of incremental production currently running at 150 boepd together with operatorship in...

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Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

President Energy has issued an update on its Argentina operations, the highlights of which are: - Successful first workover of previously producing well, DP12, completed on time and budget - Well...

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Story provided by StockMarketWire.com

Pantheon Resources (LON:PANR) has successfully concluded the sidetrack of the VOBM#2H well and encountered promising log responses. The well was drilled to a total measured depth of about 16,450...

President Energy (LON:PPC) has now entered into a contract for a workover rig in relation to the forthcoming multi-well workover campaign, the plans for which were announced at the time of the...

President Energy has now entered into a contract for a workover rig in relation to the forthcoming multi-well workover campaign, the plans for which were announced at the time of the recent placing...

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Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 12p (from 17p). Story provided by StockMarketWire.com

Northern Petroleum (LON:NOP) has agreed to divest interests in its assets to High Power Petroleum LLC (H2P), for $2.5m cash and the application of $0.25m of well stimulation services by Blue Spark...

President Energy has signed the conditional subscription agreement with the International Finance Corporation (IFC), a member of the World Bank, for an investment of about $2.8m. The IFC...

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President Energy (LON:PPC) confirms that under existing arrangements it expects to receive approximately $55 a barrel for its production until the end of the year in Argentina. The company was...

President Energy confirms that under existing arrangements it expects to receive approximately $55 a barrel for its production until the end of the year in Argentina. The company was commenting on...

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President Energy (LON:PPC) has raised $17.2 million, before expenses, through a placing of 267,673,118 shares with institutional and other investors at 6p apiece. President expects to raise a...

President Energy has raised $17.2 million, before expenses, through a placing of 267,673,118 shares with institutional and other investors at 6p apiece. President expects to raise a further...

Story provided by StockMarketWire.com

Story provided by StockMarketWire.com

Oilex (LON:OEX) was the sector's biggest riser in late trading after it executed an agreement with its JV partner, Gujarat State Petroleum Corporation Ltd (GSPC), in the Cambay Field Production...

President Energy (LON:PPC) was the sector's biggest faller after it was forced to temporarily suspend well DP1002 S/T so that the Drilling Rig can be mobilised to the company's neighbour for...

London stocks were an ace higher in early deals, weighed by a string of ex-dividend issues, after gains on Wall St and in Asia overnight. Brexit, sterling's weakness and the FTSE's recent vault...

President Energy has been forced to temporarily suspend well DP1002 S/T so that the Drilling Rig can be mobilised to the company's neighbour for drilling their well. This was due to the...

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Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 17p (from 18p). Story provided by StockMarketWire.com

President Energy has provided an update on its Argentine and Louisiana operations. WELL DP 1002 S/T, ARGENTINA "The well remains on target to reach full production around the end of the first...

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Xcite Energy (LON:XEL) was the sector's biggest faller - down by more than 67.6% in late trading - after it issued an update on the restructuring of its $135 million senior secured bonds issued by...

Gulf Keystone Petroleum (LON:GKP) has launched a scheme of arrangement in respect of holders of its guaranteed notes and convertible bonds in connection with the balance sheet restructuring...

President Energy has updated on its operations in Argentina and Louisiana. ARGENTINA: - Drilling operations ongoing at DP1002 S/T Puesto Guardian Concession, Argentina - Subject to successful...

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Providence Resources' (LON:PVR) shares were down in late trading after it provided an update on frontier exploration licence (FEL) 3/04, which lies in about 1500m water depth in the southern...

President Energy has issued an update on its Argentine and Louisianan operations. Of the Dos Puntitas Field on the Puesto Guardian Concession in Argentina, President said drilling of the DP1002...

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Peter Levine, Chairman, bought 300,000 shares in the company on the 25th July 2016 at a price of 9.50p. The Director now holds 122,788,336 shares. Story provided by StockMarketWire.com Director...

Peter Levine, Chairman, bought 150,000 shares in the company on the 15th July 2016 at a price of 7.88p. The Director now holds 122,488,336 shares. Story provided by StockMarketWire.com Director...

Nighthawk Energy's (LON:HAWK) production continues to remain strong which, it says, is due to continued enhanced recovery projects implemented in the field and better than expected recoveries due...

President Energy has confirmed that all resolutions proposed at its annual general meeting today were passed. At 3:16pm: (LON:PPC) President Energy Plc share price was +0.01p at 7.01p Story...

President Energy (PPC) engaged drilling contractors for a 2016 three horizontal well programmes due to commence by end of July. HIGHLIGHTS - Objective of the drilling campaign is to increase...

PetroNeft Resources (LON:PTR) was one of the sector's biggest risers after it revealed two very good well results at South Arbuzovskoye, boosting production and revenues, said CEO Dennis Francis....

Circle Oil (LON:COP) was the sector's biggest riser after it confirmed that International Finance Corporation has agreed to extend the suspension of the December 2015 redetermination and any...

President Energy has swung to a FY pretax loss of USD18.7m, from a profit of USD14.3m. Revenue was USD10.1m, from USD12.6m. It described the period as challenging. The comparative period was...

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Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 18p (from 14p). Story provided by StockMarketWire.com

Falkland Islands Holdings' (LON:FKL) shares fell after it warned that underlying pre-tax profits for the year ended 31 March will be 10-15% down on last time at around GBP3.0-3.2m. This is...

President Energy said the four well workover programme in Argentina has been completed at a cost of below USD400,000, funded out of Argentine operating cash flow. "This amount is less than a...

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Peel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 14p (from 18p). Story provided by StockMarketWire.com

Ascent Resources' (LON:AST) shares soared after Cadogan Petroleum (LON:CAD) confirmed it has made a highly preliminary approach regarding a possible combination with Ascent. Cadogan says there can...

President Energy has confirmed that the four well workover programme has begun. The workovers are on currently producing wells being three at the Puesto Guardian field and one at Dos Puntitas. The...

President Energy said its four-well workover programme has begun. The workovers are on producing wells; three at the Puesto Guardian field and one at Dos Puntitas. The Company should be able to...

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PetroNeft's (LON:PTR) shares were up in late trading after it confirmed that the legal documentation for the first tranche of the proposed US$35m financing for Licence 61 to be provided by Oil...

President Energy said current trading is in line with management expectations, with both Argentina and Louisiana performing profitably. HIGHLIGHTS: · Contract signed for new workovers in...

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Peter Levine, Chairman, bought 4,000,000 shares in the company on the 1st March 2016 at a price of 5.00p. The Director now holds 121,834,586 shares. Story provided by StockMarketWire.com...

Petroceltic International's (LON:PCI) shares jumped after Worldview announced that it is in the process of evaluating and preparing for a possible, all cash, offer for the company. This would...