18 Apr 2012 07:00
PRESIDENT PETROLEUM COMPANY PLC
("President" or "the Company")
18 April 2012
Recent Events in Argentina
The Company notes recent events in Argentina relating to YPF which are completely unrelated to President.
President remains fully committed to operating in Argentina and is very pleased to be actively working in the country and making significant investments. President and its partner continue in the normal professional way to work constructively with the Salta Province in relation to the expeditious developing of their hydrocarbon assets in the region.
President looks forward to providing further updates on operational progress in due course.
For further information contact:
President Petroleum Company | |
John Hamilton, Interim Chairman | +44 (0) 207 811 0140 |
Ben Wilkinson, Finance Director | +44 (0) 207 811 0140 |
RBC Capital Markets | |
Jeremy Low, Stephen Foss, Matthew Coakes | +44 (0) 207 653 4000 |
RBS Hoare Govett | +44 (0) 207 678 8000 |
Max Jones, Simon Hardy | |
Pelham Bell Pottinger | +44 (0) 207 861 3232 |
James Henderson, Mark Antelme |