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President Energy PLC - Appointment of Joint Broker

Mon, 25th Mar 2019 07:00

RNS Number : 8029T
President Energy PLC
25 March 2019
 

 

25 March 2019

PRESIDENT ENERGY PLC

("President", the "Company" or "President Energy")

 

 

Appointment of Joint Broker

 

President Energy (AIM: PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in South America, is pleased to announce the appointment of Whitman Howard as its Joint Broker with immediate effect.

 

For further information please contact:       

President Energy PLC

Peter Levine, Chairman

Rob Shepherd, Group FD

 

+44 (0) 207 016 7950

 

finnCap (Nominated Advisor)

Christopher Raggett, Scott Mathieson

 

+44 (0) 207 220 0500

Panmure Gordon (Joint Broker)

 

Charles Lesser, Dominic Morley

+44 (0) 207 886 2500

Whitman Howard (Joint Broker)

Hugh Rich, Grant Baker

 

+44 (0) 207 659 1234

Tavistock (Financial PR)

Nick Elwes, Simon Hudson

 

+44 (0) 207 920 3150

 

 

 

  

Notes to Editors

 

President Energy is an oil and gas company listed on the AIM market of the London Stock Exchange (PPC.L) primarily focused in Argentina, with a diverse portfolio of operated onshore producing and exploration assets.

 

The Company has operated interests in the Puesto Flores, Estancia Vieja, Puesto Prado and Las Bases Concessions, Rio Negro Province as well as in the Neuquén Basin of Argentina and in the Puesto Guardian Concession, in the Noroeste Basin in NW Argentina. Alongside this, President Energy has cash generative production assets in Louisiana, USA and further significant exploration and development opportunities through its acreage in Paraguay and Argentina.

 

The Group is also actively pursuing value accretive acquisitions of high-quality production and development assets in Argentina capable of delivering positive cash flows and shareholder returns. With a strong institutional base of support, including the IFC, part of the World Bank Group, an in-country management team as well as a Board whose interests are aligned to those of its shareholders, President Energy gives UK investors rare access to the Argentinian growth story combined with world class standards of corporate governance, environmental and social responsibility.

This announcement contains inside information for the purposes of article 7 of Regulation 596/2014

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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