President Energy on the rise after reporting record Argentinian profits in January (PPC)

Oil and gas company President Energy (LSE:PPC) saw its shares rise this morning after reporting record profits at its Argentinian assets in January. The business rose 2.6pc, or 0.2p, to 9.5p after reporting that its Puesto Flores and Puesto Guardian fields generated $1.3m after all opex, general & administrative expenses and finance costs. Due to…

President Energy tempts market with solid production and strong assets, but true potential lies in the bigger picture (PPC)

With its workover programme recently reaching completion and more developments in the pipeline, President Energy (LSE:PPC) is fast approaching its goal of becoming a mid-sized Argentinian oil and gas producer by the end of 2018. Against a background of increasing oil prices and an improving Argentinian economy, President has been embarking on a transformative development…