MEN’s update highlights continued operational profitability in Argentina ahead of a planned work programme of well workovers and new drilling this year aimed at boosting production from its two Argentine operating regions. Exploration is also set to make a return this year, with high impact wells expected in Paraguay in H1 and Argentina in H2. Nevertheless, the Argentine upstream environment remains challenging, and MEN is seeking to transition towards green/alternative energy, replicating the s ....
09 Jan 2023
Molecular Energies - Operations and strategic update
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Molecular Energies - Operations and strategic update
Molecular Energies PLC (MEN:LON) | 11.0 -0.1 (-11.1%) | Mkt Cap: 1.36m
- Published:
09 Jan 2023 -
Author:
Jonathan Wright -
Pages:
4
MEN’s update highlights continued operational profitability in Argentina ahead of a planned work programme of well workovers and new drilling this year aimed at boosting production from its two Argentine operating regions. Exploration is also set to make a return this year, with high impact wells expected in Paraguay in H1 and Argentina in H2. Nevertheless, the Argentine upstream environment remains challenging, and MEN is seeking to transition towards green/alternative energy, replicating the s ....