President Energy to generate $20m through share placing
South-America focused President Energy plans to raise about $20million (£16.1million) through a share placing.
Paraguay
Amerisur’s Paraguay well delivers disappointing results
Amerisur Resources' Jaguarete-1 well in Paraguay has demonstrated the presence of oil within the basin but are "unlikely to be commercially extractable"
President Energy’s complete successful workovers on Argentine assets
President Energy successfully completed two workeovers on its assets Argentina.
President eyes 302 million barrels of oil in Paraguay prospect
President Energy has found what it believes could be more than 300 million barrels of oil in its Boqueron prospect in Paraguay.
President’s prospect performs in Paraguay
UK-registered exploration firm President Energy has reported "excellent" results from the seismic data from its assets in the Hernandarias block in Paraguay.
First oil discovery made in Paraguayan well
President Energy has made it first oil discovery in the Lapacho well at the Pirity Concession in Paraguay. The company, which has a 65% interest in the asset, said tests will now be carried out to confirm the discovery of the conventional light oil.