President Energy plc (LON:PPC) CEO and Chairman Peter Levine joins DirectorsTalk to discuss its operation and production update. Peter talks us through the highlights, explains what it means for the company, comments on whether there will be a fund raise and updates us on Paraguay.
President Energy is an independent oil and gas company focusing primarily on high margin production opportunities in Latin America. The portfolio consists of a balance of high margin production primarily in Argentina with additional production in Louisiana. In addition, they have further significant exploration and development opportunities through its acreage in Argentina, Paraguay and the United States.