ValueTheMarkets

New reserves report shows large jump in President Energy’s Argentinean potential (PPC)

President Energy (LSE:PPC) sat at 9.1p on Friday morning after revealing a significant increase in the oil and gas reserves present across its assets in Argentina. A new, independent hydrocarbon reserves report found that the firm’s net 1P and 2P reserves in the country’s Neuquén Basin increased over the previous year by 82pc and 41pc…

Nostra Terra announces huge reserves leap as it continues to fire up Permian Basin operations (NTOG)

Shares in Nostra Terra Oil & Gas (LSE:NTOG) were trading up 4.2pc to 2.5p on Thursday morning after the business revealed a more than threefold increase in its reserves. Nostra reported proved and probable oil reserves of 2,429,660 barrels across its Pine Mills field in East Texas and its Permian Basin assets in West Texas.…