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Provider: Thomson Reuters Stock Report
Provider: Sadif Analytics Prime
Provider: Reuters Investment Profile

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President Energy PLC announces Puesto Guardian acquisition

Wednesday, 30 Jul 2014 02:00am EDT 

President Energy PLC:Purchase of the 50pct of Puesto Guardian Field not owned already by President, together with operatorship.Consideration includes an initial US$5 mln cash payment on completion and further payment of US$880,000 and US$1 mln payable on Dec. 31, 2015 and Dec. 31, 2016 and a royalty of 5pct on proceeds of production. 

Latest Developments for President Energy PLC

Company Quote

-1.125 -4.52%
19 Dec 2014