About President Energy
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 was incorporated in 2004 and is headquartered in London, the United Kingdom.