2020 was a challenging year, but President has emerged from it stronger, with an improved balance sheet and robust platform for growth. Higher oil prices have encouraged a return to Salta province and 2021 is set to see record activity levels, with seven wells contributing to a ~30-50% volume increase into strengthening oil and gas prices. President is closing in on a farm-out in Paraguay, which would see a return to exploration there next year. Its renewables ambitions are also starting to take ....
22 Feb 2021
President Energy - 2020 trading update and 2021 outlook
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President Energy - 2020 trading update and 2021 outlook
Molecular Energies PLC (MEN:LON) | 7.0 -1.2 (-70.8%) | Mkt Cap: 0.87m
- Published:
22 Feb 2021 -
Author:
Jonathan Wright -
Pages:
5
2020 was a challenging year, but President has emerged from it stronger, with an improved balance sheet and robust platform for growth. Higher oil prices have encouraged a return to Salta province and 2021 is set to see record activity levels, with seven wells contributing to a ~30-50% volume increase into strengthening oil and gas prices. President is closing in on a farm-out in Paraguay, which would see a return to exploration there next year. Its renewables ambitions are also starting to take ....