A very active and impressive year for President, with strong operational performance delivering record results. The Q4 2017 acquisition in Argentina has delivered on its promise rapidly and the late-2018 acquisition is shaping up to build on and amplify this. Production and profits have grown sharply, with unit costs benefiting from the improved asset mix and enlarged asset base. These results demonstrate that President’s transition is complete and, while there is more to come, they giv
23 May 2019
President Energy - The transformation has arrived
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President Energy - The transformation has arrived
Molecular Energies PLC (MEN:LON) | 5.0 -1 (-79.2%) | Mkt Cap: 0.62m
- Published:
23 May 2019 -
Author:
Jonathan Wright -
Pages:
7
A very active and impressive year for President, with strong operational performance delivering record results. The Q4 2017 acquisition in Argentina has delivered on its promise rapidly and the late-2018 acquisition is shaping up to build on and amplify this. Production and profits have grown sharply, with unit costs benefiting from the improved asset mix and enlarged asset base. These results demonstrate that President’s transition is complete and, while there is more to come, they giv