LONDON (Alliance News) - President Energy PLC Tuesday said it has increased its interest in Paraguay's Pirity concession to 64% from 59% through the acquisition of LCH SA for shares and cash. The oil and gas company said it will issue 10.2 million shares at 35 pence per share plus USD250,00
President Energy has raised its stake in the highly prospective Pirity Concession in Paraguay.
President has acquired LCH, a Paraguayan company which has a carried 5% participating interest in Pirity, lifting its own holding in the project from 59% to 64%.
The 5% interest is being carried by Pirit
LONDON (Alliance News) - UK shares have opened mixed Tuesday, with AIM marginally outperforming larger stocks.
Goldman Sachs joined other brokers in issuing positive notes about AIM giant ASOS following its recent share price decline. Goldman added ASOS to its Convi
LONDON (Alliance News) - President Energy PLC Thursday said it now has a 59% participating interest in the Pirity concession in Paraguay after it completed a farm-in deal, and all three wells in the 2014 drilling programme are targeting prospects in the concession. In a statement, the compa
LONDON (Alliance News) - President Energy PLC Wednesday said Chairman Peter Levine bought 250,000 shares at a price of 30 pence per share Tuesday. Following this transaction, Levine holds 76.7 million shares, which represents 19.38% stake in the firm. Shares in the oil and gas company
LONDON (Alliance News) - President Energy PLC Wednesday reported a narrower operating loss for 2013 as revenue rose and it cut administrative expenses The company reported an operating loss of USD2.8 million for the year, narrowed from USD5.3 million in 2012, as revenue rose to USD13.4 mill
LONDON (Alliance News) - President Energy PLC Monday said it has entered into a firm drilling contract with Queiroz Galvão Óleo e Gás, a major Brazilian service provider, for its 2014 drilling campaign in Paraguay. The oil and gas company said Queiroz' Top Drive Rig is capable of drilling d
LONDON (Alliance News) - President Energy PLC Friday said Commercial Director Miles Biggins purchased 14,618 shares at 34 pence per share Thursday. Following this transaction, Biggins' holding amounts to 191,459 shares representing 0.05% of the issued share capital. Shares in the ener
Three dotDigital directors this week each sold 1.5m shares in the software as a service provider to meet strong demand from institutional investors.
Chief Executive and Finance Director Peter Simmonds, Chief Technical Officer Simon Bird, and Chief Operating Officer Tink Taylor, each pocketed ÂŁ447,1
LONDON (Alliance News) - President Energy PLC Wednesday said Chairman Peter Levine purchased 390,112 shares at 30.85 pence per share Tuesday. Following this transaction, Levine holds 76.4 million shares, which represents 19.32% stake in the firm. The company also said Chief Executive