News Results for President Energy (PPC)
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15 Feb
08:17President Energy releases mixed reserves updatePresident Energy said it had increased the estimated size of its proven oil and gas reserves in Argentina by 6%. Proven, or 1P, reserves in the Latin American country now amounted to 15.4m barrels...
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16 Jan
08:10Broker Forecast - finnCap issues a broker note on President Energy PlcfinnCap today reaffirms its corporate investment rating on President Energy Plc (LON:PPC) and raised its price target to 19p (from 18p). Story provided by StockMarketWire.com Broker Forecasts...
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09 Jan
08:22President Energy beats annual output guidanceArgentina-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...
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18 Dec
07:48President Energy discovers oil with new well in ArgentinaPresident Energy said it had discovered oil at the third and final well of a drilling campaign at its Puesto Flores concession in Rio Negro province of Argentina. The PF0 1005 well encountered 18...
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07 Dec
07:32President Energy oil well flows at double expected rate during testing in ArgentinaPresident Energy said oil had successfully flowed during testing operations from the second well at its prospects at Rio Negro province in Argentina. The so-called PFE 1001 well tested at 400...
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27 Nov
09:40President Energy starts drilling final of three wells in Argentina campaignPresident Energy said it had started drilling the last well in a three-well campaign at the Puesto Flores and Estancia Vieja concession in Rio Negro Province, Argentina. The PFO 1005 development...
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13 Nov
08:29President Energy oil well in Argentina flows at better than expected ratePresident Energy said a new well at its Puesto Flores and Estancia Vieja concession in Argentina had flowed at better-than-expected rates. The PFO 1001 well had been successfully completed and...
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29 Oct
07:52President Energy operating profit up 82% in third quarterArgentina-focused oil and gas producer President Energy posted an 82% rise in third quarter underlying operating profit, compared to the second quarter. For the three months through September,...
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26 Oct
07:38President Energy starts drilling new well in ArgentinaPresident Energy said a new development well had started being drilled at its Puesto Flores and Estancia Vieja concession in Rio Negro Province, Argentina. The PFE 1001 development well was the...
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22 Oct
09:11President Energy upbeat after Argentina well resultsPresident Energy said a new oil and gas well in its Puesto Flores and Estancia Vieja prospect in Rio Negro province, Argentina had produced results to date an the upper end of expectations. The...
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15 Oct
09:40President Energy acquires acreage in LouisianaPresident Energy said it had acquired and signed a lease with Louisiana authorities for a 693-acre production block known as Jefferson Island. The bonus paid to the Louisiana state for the lease...
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26 Sep
08:22President Energy losses narrow as revenue jumpsPresident Energy narrowed its losses in the first half as higher production boosted revenue. Pre-tax losses for the six months through June amounted to $427k, improving from a loss of $4.6m...
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24 Sep
13:49President Energy starts drilling first of three wells in ArgentinaPresident Energy said it had started drilling the first of three new wells at the Puesto Flores prospect in Rio Negro province, Argentina. All three wells, including the first, called PFO 1001,...
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12 Sep
09:56President Energy requests new exploration concessions in ArgentinaPresident Energy confirmed media speculation that it had asked Rio Negro province in Argentina for 10-year exploitation concessions over each of the Las Bases and Puesto Prado areas. Subject to a...
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27 Jul
09:39President Energy to start new Argentina drilling by end of SeptemberPresident Energy said its was continuing to produce around 2,000 barrels of oil per day from its Puesto Flores and stancia Vieja assets in Argentina. Planning was continuing for a three...
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28 Jun
14:50Director Deals - President Energy Plc (PPC)Alexander Moody-Stuart, Non Executive Director, bought 100,000 shares in the company on the 28th June 2018 at a price of 9.38p. The Director now holds 100,000 shares. Story provided by...
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21 Jun
09:00Director Deals - President Energy Plc (PPC)Robert Shepherd, Financial Director, bought 300,000 shares in the company on the 20th June 2018 at a price of 9.60p. The Director now holds 609,144 shares. Story provided by StockMarketWire.com...
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06 Jun
09:56President Energy losses narrow to $13.2m on lower impairment chargeArgentina-focused oil company President Energy said its annual losses narrowed, though to a still relatively-steep $13.2m as administrative expenses rose. The loss compared to $20.4m of red ink in...
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21 May
08:00Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and raised its price target to 13.50p (from 13p). Story provided by StockMarketWire.com Broker Forecasts data...
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14 May
08:40Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel Hunt today reaffirms its buy investment rating on President Energy Plc (LON:PPC) and cut its price target to 12.50p (from 13p). Story provided by StockMarketWire.com Broker Forecasts data...
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14 May
08:07President Energy updates on Neuquen Basin assets in ArgentinaPresident Energy provided an update in relation to its Neuquen Basin assets in Rio Negro Province, Argentina. A seven-well workover programme at Puesto Flores already commenced comprising six...
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16 Apr
08:31President Energy to commence up to eight-well Argentina campaignPresident 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...
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12 Mar
08:29President Energy to reactivate Estancia Vieja field in ArgentinaPresident 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...
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06 Mar
15:30Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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...
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05 Mar
08:20President Energy increases higher-value oil reserves in ArgentinaPresident 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...
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28 Feb
08:32President Energy to list company on Argentina stock exchangePresident 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...
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22 Feb
09:34President Energy reports record results for JanuaryPresident 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...
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09 Feb
09:30Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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...
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08 Jan
10:40Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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
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02 Jan
08:14President Energy sells Louisiana assetPresident 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...
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15 Dec
08:15President Energy boosts Argentina outputPresident 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...
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12 Dec
07:49President Energy gets licence extensionPresident 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...
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27 Nov
09:24President Energy takes out $8m loanPresident 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...
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21 Nov
11:00Broker Forecast - finnCap issues a broker note on President Energy PlcfinnCap 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
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20 Nov
14:09All resolutions passed at GM of President EnergyPresident 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...
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16 Nov
09:26President Energy gets $3m net cash from ArgentinaPresident 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...
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03 Nov
09:12President Energy upgrades prospective resourcePresident 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...
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20 Oct
13:34President Energy raises £6.67m via share issuePresident 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...
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20 Oct
07:55President Energy launches capital raisingPresident 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...
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17 Oct
08:04President Energy banks Argentina revenuePresident 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...
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02 Oct
09:10Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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
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21 Sep
09:20President Energy buys oil assets in ArgentinaPresident 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....
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21 Sep
08:10Broker Forecast - finnCap issues a broker note on President Energy PlcfinnCap today initiates coverage of President Energy Plc (LON:PPC) with a corporate investment rating and price target of 21p. Story provided by StockMarketWire.com
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21 Sep
07:25FLASH: President Energy buys oil assets in ArgentinaStory provided by StockMarketWire.com
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02 Aug
07:16President Energy issues updatePresident 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...
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17 Jul
07:33President Energy updates on Argentina concessionPresident 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...
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05 Jul
07:50President Energy provides Argentina sales updatePresident 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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05 Jul
07:10FLASH: President Energy provides Argentina sales updateStory provided by StockMarketWire.com
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14 Jun
10:02President Energy provides Argentina production updatePresident 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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14 Jun
07:06FLASH: President Energy provides Argentina production updateStory provided by StockMarketWire.com
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12 Jun
07:40President Energy issues Paraguay updatePresident 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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12 Jun
07:12FLASH: President Energy issues Paraguay updateStory provided by StockMarketWire.com
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07 Jun
09:40Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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
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06 Jun
07:36President Energy appointment CFOPresident Energy has appointed Bruce Martin to the post of CFO. Story provided by StockMarketWire.com
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06 Jun
07:10FLASH: President Energy appointment CFOStory provided by StockMarketWire.com
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02 Jun
07:32President Energy lifts group output, widens FY lossPresident 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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02 Jun
07:08FLASH: President Energy lifts group output, widens FY lossStory provided by StockMarketWire.com
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12 May
07:18President Energy updates on dispute with service providersPresident 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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12 May
07:04FLASH: President Energy updates on dispute with service providersStory provided by StockMarketWire.com
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19 Apr
07:53President Energy updates on acquisitionPresident 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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04 Apr
07:15FLASH: President Energy updates on Argentina operationsStory provided by StockMarketWire.com
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29 Mar
07:10FLASH: President Energy issues Argentina operations updateStory provided by StockMarketWire.com
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15 Mar
07:07FLASH: President Energy posts Argentine reserves upgradeStory provided by StockMarketWire.com
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10 Mar
07:43President Energy issues operations updatePresident 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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10 Mar
07:05President Energy issues operations updateStory provided by StockMarketWire.com
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20 Feb
07:13FLASH: President Energy issues operations updateStory provided by StockMarketWire.com
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26 Jan
16:08Oil, Gas RoundupPantheon 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...
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11 Jan
16:06Oil, Gas RoundupPresident 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...
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11 Jan
07:34President Energy issues Argentina ops. updatePresident 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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11 Jan
07:12FLASH: President Energy issues Argentina ops. updateStory provided by StockMarketWire.com
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06 Dec
09:40Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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
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30 Nov
16:09Oil, Gas RoundupNorthern 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...
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30 Nov
07:44President Energy notes IFC equity subscriptionPresident 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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30 Nov
07:06FLASH: President Energy notes IFC equity subscriptionStory provided by StockMarketWire.com
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18 Nov
16:06Oil, Gas RoundupPresident 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...
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18 Nov
07:12President Energy comments on press speculationPresident 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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18 Nov
07:04FLASH: President Energy comments on press speculationStory provided by StockMarketWire.com
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15 Nov
16:13Oil, Gas RoundupPresident 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...
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15 Nov
15:25President placingPresident 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...
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15 Nov
07:06FLASH: President Energy proposes fundraising, loan restructuringStory provided by StockMarketWire.com
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20 Oct
07:08FLASH: President Energy issues operational updateStory provided by StockMarketWire.com
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17 Oct
16:23Oil, Gas RoundupOilex (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...
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06 Oct
16:21Oil, Gas RoundupPresident 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...
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06 Oct
08:48FTSE an ace higher as Brexit remains centre stageLondon 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...
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06 Oct
07:20President Energy issues operational updatePresident 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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06 Oct
07:05FLASH: President Energy issues operational updateStory provided by StockMarketWire.com
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04 Oct
12:10Broker Forecast - Peel Hunt issues a broker note on President Energy PlcPeel 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
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29 Sep
09:20President Energy issues operational updatePresident 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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29 Sep
07:05FLASH: President Energy issues operational updateStory provided by StockMarketWire.com
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12 Sep
16:21Oil, Gas RoundupXcite 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...
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02 Sep
16:17Oil, Gas RoundupGulf 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...
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02 Sep
07:45President Energy posts operational updatePresident 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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02 Sep
07:06FLASH: President Energy posts operational updateStory provided by StockMarketWire.com
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08 Aug
16:08Oil, Gas RoundupProvidence 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...
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08 Aug
07:20President Energy updates on Argentine, Louisiana opsPresident 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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08 Aug
07:06FLASH: President Energy updates on Argentine, Louisiana opsStory provided by StockMarketWire.com
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26 Jul
12:40Director Deals - President Energy Plc (PPC)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...
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18 Jul
09:00Director Deals - President Energy Plc (PPC)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...
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28 Jun
16:12Oil, Gas RoundupNighthawk 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...
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28 Jun
15:16President Energy resolutions passed at AGMPresident 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...