President Energy provides an update on its operations in Argentina.
Operations in Argentina, comprising an initial three well frac programme, are poised to resume shortly, at the end of the expected rainy season. A further announcement will be made on commencement of those operations which will include the findings of the detailed independent remapping exercise carried out on Puesto Guardian field. Initial results of the frac programme are anticipated around the end of the first quarter of this year, subject to weather.