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IN BRIEF: President Energy strikes drill deal at Argentina asset

Wed, 22nd Sep 2021 21:56

President Energy PLC - energy company with assets focused primarily in South America - Signs drilling services pact for three firm wells to be drilled at Puesto Guardian concession, Argentina before end of 2021. Also strikes option to retain rig to drill further two wells. "This will enable continued drilling in the concession, should the results from the ongoing seismic reprocessing confirm two additional prospects that have been previously identified," President Energy says.

Current stock price: 1.70 pence

Year-to-date change: down 5.6%

By Eric Cunha; ericcunha@alliancenews.com

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