President Energy’s (PPC) drilling activity is due to recommence in H120 and, alongside significantly increased production from Estancia Vieja, will contribute to a 2020 management estimated average production rate of over 4,000boepd, up from an average of c 2,400boepd in 2019. Following the debottlenecking of a section of the evacuation pipeline system, PPC expects to increase the share of gas in its production mix to c 30%. This comes at a time when there seems to be more clarity from
10 Feb 2020
President Energy - Maximising value from conventional assets
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
President Energy - Maximising value from conventional assets
Molecular Energies PLC (MEN:LON) | 7.0 -0.1 (-17.6%) | Mkt Cap: 0.87m
- Published:
10 Feb 2020 - Author:
-
Pages:
2
President Energy’s (PPC) drilling activity is due to recommence in H120 and, alongside significantly increased production from Estancia Vieja, will contribute to a 2020 management estimated average production rate of over 4,000boepd, up from an average of c 2,400boepd in 2019. Following the debottlenecking of a section of the evacuation pipeline system, PPC expects to increase the share of gas in its production mix to c 30%. This comes at a time when there seems to be more clarity from