Last 23.63 GBp
Change Today -1.25 / -5.03%
Volume 771.4K
As of 11:35 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

president energy plc (PPC) Snapshot

24.75 GBp
Previous Close
24.88 GBp
Day High
25.00 GBp
Day Low
22.25 GBp
52 Week High
02/4/14 - 50.00 GBp
52 Week Low
10/16/14 - 14.50 GBp
Market Cap
Average Volume 10 Days
-0.0025 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for PRESIDENT ENERGY PLC (PPC)

Related News

No related news articles were found.

president energy plc (PPC) Related Businessweek News

No Related Businessweek News Found

president energy plc (PPC) Details

President Energy PLC explores for, evaluates, and produces oil and gas properties in South America. The company holds a 11.8% working interest in the Pirity concession and a 3% working interest in the Demattei concession situated in Paraguay; and a 50% working interest in the CNO-8 Puesto Guardian license covering 622 square kilometers located in Salta Province, as well as 100% interests in Matorras and Ocultar licenses covering an area of 2,203 square kilometers situated in Argentina. It also holds interests in two producing oil and gas fields in Louisiana, the United States; and a 100% interests in two licenses in the Otway and Arrowie Basins in South Australia. The company was formerly known as President Petroleum Company PLC and changed its name to President Energy PLC in September 2012. President Energy PLC is headquartered in London, the United Kingdom.

14 Employees
Last Reported Date: 05/16/14

president energy plc (PPC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

president energy plc (PPC) Key Developments

President Energy plc Announces Hydrocarbons Present in the Santa Rosa Formation Proceeding to Testing

President Energy Plc announced the Lapacho x-1 well has reached TD at 4,543 m in the Santa Rosa Formation, the primary pre-drill target, with 418 m of the 600 m target interval drilled. Very encouraging hydrocarbon shows have been encountered throughout the gross formation thickness extending right to TD, with high background gas of up to 20% and trip gas of up to 48% (C1-C5 gas present). The full logging program was restricted due to difficult down hole conditions however from the logs obtained, Lapacho x-1 penetrated 54m of clean sandstones with individual sand bed thicknesses up to 10 m, most of which appear to be hydrocarbon bearing. Significant additional sandstone, some 30 m+, is expected in the undrilled target interval section below current TD, suggesting a total thickness of more than 80 m of Santa Rosa reservoir sandstone at this location. This outcome is in line with pre-drill estimates under which the well was targeting a discrete fault block trap containing gross mean prospective resources of 1 Tcf of gas (166 mmboe) and 30 mmbbls of condensate within a greater Lapacho area considered to potentially contain some 5 Tcf plus associated condensate. Consistent with valuation parameters published for the RPS audit report from January 2014, management value Lapacho resources at approximately USD 12 per boe for natural gas and USD 25 per barrel for liquids. The rig is now progressing to open hole well testing operations and a multi-rate test is planned to commence in the next few days to determine fluid type, flow rates, pressures and permeability. Upon completion of the Santa Rosa test, the separate, shallow discovery in the upper Icla formation will be tested. An update with the initial results of the first test is planned in approximately 10 days. President's 2014 drilling campaign has drilled two wells which have demonstrated the presence of a new Paleozoic hydrocarbon province in the Pirity Basin of the Paraguayan Chaco. President operates the entire prospective area comprising 34,000 km2 spread across three Concessions (Pirity, Demattei and Hernandarias). Some 32 large Paleozoic structures and leads have been identified to date, and management estimates the Paraguayan Chaco hydrocarbon province could contain between one and four billion barrels of gross un-risked recoverable resources on an oil equivalent basis.

President Energy Announces Change of Registered Office

President Energy has changed its registered office address to 17 Hanover Square, London W1S 5LF with effect from 1st December 2014.

President Energy plc Provides Lapacho Well Update

President Energy Plc provided update on the progress of the Lapacho well, Chaco Region, Paraguay. The well has been drilled to 4,490 meter since setting casing at 4,125 meter. President has previously announced that a light oil/condensate discovery had been made higher up the well in the Icla Formation and that drilling would continue to penetrate the main Santa Rosa target. President has now drilled the upper section of the Santa Rosa Formation and considers it is drilling a series of gas or gas/condensate sands. Whilst at this stage it is too soon to state a discovery has been made before a full evaluation is done, there is evidence which gives President encouragement in this regard including constant background gas ranging from 3% to over 12% in the circulated drilling mud to surface throughout the drilling of the hole, an operation which is currently continuing. Accordingly President will endeavour to drill to the base of the Santa Rosa Formation to a depth of 4,600 meter to fully evaluate the target section.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PPC:LN 23.63 GBp -1.25

PPC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PPC.
View Industry Companies

Industry Analysis


Industry Average

Valuation PPC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.1x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 11.1x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PRESIDENT ENERGY PLC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at