Drilling Update
(WorldNews Argentina)

RNS Number : 2895B President Energy PLC 07 October 2020 7 October 2020 PRESIDENT ENERGY PLC (`President` or the `Company`) Drilling success at LB-1001, Las Bases Concession, Argentina President Energy (AIM: PPC), the energy company with a diverse portfolio of production and exploration assets provides an update in relation to its drilling operations in Rio Negro, Argentina. Highlights • Well LB-1001 drilled down to the TD of 1,700 metres on time and on budget • The well has now been logged and cased • The logging results are in line with the anticipated probable pre-drill estimates for reserves and production potential (Targeted reserves of 6 Bcf and production of 100,000 m3/d being 588...