Argentinean assets, fast-tracked work, and avoiding peso problems – A catch-up with President Energy’s Peter Levine (PPC)

Since ValueTheMarkets.com last spoke to President Energy (LSE:PPC), the firm launched itself headfirst into an accelerated work programme at Puesto Flores/Estancia Vieja, one of its key assets in Argentina. The oil & gas business decided to accelerate work following its successful four-well workover programme at Puesto Flores and the successful reactivation of a live gas…

‘We are a micro-cap stock aiming to become far bigger,’ Arc Minerals updates on progress since strategic shift (ARCM)

Today saw Nick Von Schirnding, chairman of Arc Minerals (LSE:ARCM), update investors on progress since he joined the business as part of its strategic shift towards African exploration in September last year. Primarily, Von Schirnding used the conference call as an opportunity to provide further information about Arc’s acquisition of a large stake in the…

‘We have barely scratched the surface’: Metal Tiger’s McNeilly bullish as firm hikes up Botswana JV activity (MTR)

Mining investment business Metal Tiger (LSE:MTR) has seen its shares drift down to 2.15p since the beginning of 2018, despite reporting steady progress at its 30pc-owned joint venture (JV) in Botswana. Following a successful pre-feasibility study (PFS) at the open pit of the JV’s T3 prospect, a detailed feasibility study will now be carried out…

Touchstone Exploration in touching distance of 1,800 barrels of oil a day (TXP)

Touchstone Exploration (LSE:TXP) reveals it is within touching distance of achieving a current production level of 1800bopd in an operational and drilling update this morning. Earlier this year Touchstone announced it had become profitable at PLC level, generating free funds from operations of $3.1m during 2017 –  based on average production of 1375bopd for the…