www.presidentpc.com

Producing Oil/nat gas from the ELV field/USA....45% of Oil/Gas produced hedged at $100/bbl and $10.90 per mcf)




Drilling ELV.....Suspended until gain consent for sidetrack...casing and wellhead left in for future re entry

3D Seismics have been shot on PEL82 Otway Basin Australia....results are excellant!
PEL 82 Potential resource increased from 150mbbls Oil tooooooo 430mbbls Oil!



Also trading on Plusmarkets
http://www.plusmarketsgroup.com/data.shtml?ISIN=GB00B3DDP128/GBX/PLUS-exn

Blimey Maggie, you are a stayer. In at the beginning, you'll be in line for a gold watch at the very least.
I hope it comes good for you.

For what it's worth..............

Investment analysts at Canaccord Genuity assumed coverage on shares of President Energy PLC (LON:PPC) in a note issued to investors on Friday 11/10/14, Analyst Ratings. Net reports. The firm set a “buy” rating and a GBX 56p price target on the stock. Canaccord Genuity’s price target would suggest a potential upside of 128.57% from the stock’s previous close.

I have gone to cash On PPC will wait for a change in sentiment

Can anyone calculate the support level and show me how to do it please.

I was thinking 23p but it is a guestimate

Have a read of this. It may answer your question!

http://stockcharts.com/school/doku.php?st=chart+support+level&id=chart_school:chart_analysis:support_and_resistan

Thanks,
I have looked at something similar, the problem with those are the nice neat graphs.

PPC is a little harder to overlay those parameters.

I have been using a mix of graphs, BBs and SP patterns .

in at 16.3
out at 25.5
in at 22.3
out at 29.13
waiting to get back in

Back in this morning, had a little difficulty getting my order filled.

Not any sellers around sub 28p

Edison Report on President Energy

I expected a larger pull back and nearly got caught out.
SP points to 36p

£5 per share unrisked Is that realistic?

RNS due before end of year, giving production update and expectations from seismic surveys. Share liquidity has improved in the last couple of weeks, I guess by design.

link
President Energy PLC forms bullish "Bottom Triangle" chart pattern
Jan 13, 2014

Recognia has detected a "Bottom Triangle" chart pattern formed on President Energy PLC (PPC:LSE). This bullish signal indicates that the stock price may rise from the close of 38.85 to the range of 55.00 - 60.00. The pattern formed over 88 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis.

Tells Me: The price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. A Bottom Triangle shows two converging trendlines as prices reach lower highs and higher lows. Volume diminishes as the price swings back and forth between an increasingly narrow range reflecting uncertainty in the market direction. Then well before the triangle reaches its apex, the price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.

This bullish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology.

PPC set to release seismic data and CPR news before end of Jan

PPC are good with RNS, so news flow should keep coming while we wait for drill results."Over 20 leads and prospects yet to be evaluated"

..

sp down 26% @ 34p after share placing news, not a good day.

Good deal, 50 million order booked filled in a day, that should tell us something. It's a capital intensive business and now the Financing risk OFF the table. we took 22% dilution to be in a stronger position. I'm happy

Zengas view from II Post book-build. Now that the oversusbcribed bookbuilding is out of the way, time to take stock.First of all i can see the unrisked and risked valuation targets growing to circa $20b and $5b respectively in my opinion and below i've tried to explain why.The $11.7b unrisked and $2.4b risked relates only for the Jacaranda, Jurumi and Yacare Prospects. There is more to come from the initial Jurumi Complex and Yacare Prospect figures.-----------"Jurumi Complex President believes that upon completion of ongoing seismic interpretation studies, *** further significant Prospective Resources within the Jurumi Complex will be identified and results will be announced separately**** as part of the broader audit on President's other prospects and leads.Yacare Prospect, Los Naranjos Seismic shows this as a four way dip closure with Prospective Resources contained in the Cretaceous Lecho sand and the expected hydrocarbon phase is oil. ***Seismic pre stack depth migration (PSDM) is ongoing and prospect size cannot be reliably estimated until this work is complete****."--------------Over 20 leads and prospects yet to be evaluated.The new flank in Pirity (1,2,3 & 4 prospect) appear even much larger than anything evaluated to date.In Hernandarias, 5 leads (3 of them appear massive) with a trend to the 1-2 billion boe+ fields on the Bolivian side. All can be seen on page 6 of the very latest presentation !We've raised $50m and may have a further $6m+ from those that want to take up their offer rights and see a maximum of 406m shares. The $11.7b unrisked and $2.4b risked vluation targets(£1/$1.65) therefore implies a share value range of between £3.58 - £17.46.However in light of looking at the size and number of the additional prospects yet to be evaluated plus the new prospects and leads including where PPC have already spent $1.6m in Hernandarias, i believe the unrisked may well rise to circa $20b and the risked to circa $5b - this would take the value target range to £7.46 - £29.85.Imo i beleive there's massive headroom to make money on a partial or risked basis success case and even consider future farm-outs if need be from the current 35p. The placing has not dimisnished the potential returns relative to the magnitude of the opportunity that has and is still emerging.We are also a producer both in Argentina and the USA which regardless of size is still a bonus and can grow internally at it's own pace and the last update provided for a reserves addition which should take those assets to around 8 mmboe.

President Energy PLC (LON:PPC) had its price target upped by Canaccord Genuity from GBX 50 ($0.83) to GBX 51 ($0.85) in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm currently has a buy rating on the stock.

Canaccord Genuity has also taken action a number of other stocks recently. The firm lowered its price target on shares of Aixtron AG from $8.00 to $7.00. Also, Canaccord Genuity raised its price target on shares of Barrick Gold Co. from C$17.50 to C$20.50. They have a sell rating on that stock. Finally, Canaccord Genuity upgraded shares of Kinross Gold Corp from a hold rating to a buy rating.

Shares of President Energy PLC (LON:PPC) opened at 33.00 on Tuesday. President Energy PLC has a 1-year low of GBX 11.187 and a 1-year high of GBX 40.00. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..

President Energy PLC, formerly President Petroleum Company PLC, is engaged in are the exploration for and the evaluation and production of oil and gas.

Shares Magazine and Redmayne-Bentley Investor Evening - Leeds - Wednesday 12th March 2014


The Shares Magazine 'Mining and Resources Leeds Investor Evenings' in conjunction with Redmayne-Bentley have now become firmly established in investors diaries, so we are proud to offer you another chance to meet, hear from and ask questions of key senior management figures from carefully selected companies in the mining, oil and gas sector.

This event offers an unique opportunity not only to hear about the latest plans from some of the most exciting companies in the sector, but also to put your questions to the people that matter. What is more, there is a free drinks and canapés reception where you can mingle with industry leaders and your fellow investors. Make sure you don't miss this unique opportunity to get the answers you need from the people who make the market.

The evening conference is tailor-made for private investors and professionals who already have exposure to mining and resources stocks, or anyone who is considering putting money to work in these exciting and dynamic industries.

Tickets are completely free but places are strictly limited so register now.


Date: Wednesday 12th March 2014

Venue: Redmayne-Bentley, 9 Bond Court, Leeds LS1 2JZ

Registration: 6.00pm

Presentations: 6.30pm followed by a drinks/canapés reception

REGISTER NOW FOR LEEDS EVENT

Companies Presenting:


FASTNET OIL & GAS (AIM:FAST)

Fastnet Oil & Gas (AIM:FAST) is an independent oil and gas exploration company focused on early stage exploration and appraisal opportunities in Africa and Ireland. Fastnet has a highly experienced management team with a proven track record of generating significant shareholder value in the oil and gas industry. The Company has moved quickly to assemble an exciting portfolio of exploration prospects offshore Morocco and in the Celtic Sea, offshore Ireland.
To see a short video from Managing Director Paul Griffiths covering the investment opportunity planned for Morocco click on link below:
http://reut.rs/1b9fsPe

Speaker: To Be Confirmed

PRESIDENT ENERGY (AIM:PPC)



President Energy (AIM:PPC) is a South American focused oil and gas company with significant exploration and development opportunities in Paraguay and production assets in Argentina.
President's strategy is to build a primarily South American focussed oil and gas production business, targeting reserve and production growth. In addition we have a cash generative production business in Louisiana, USA. We are listed on the AIM market in London (ticker: PPC) and have offices in London, Buenos Aires, Asuncion and the US.

Speaker: Peter Levine, Chairman



MORE COMPANIES TO BE ANNOUNCED



REGISTER NOW FOR LEEDS EVENT


Disclaimer: Please remember investments and the income from them can do down, as well as up, in value and therefore capital may be at risk.
Please note the views of Shares Magazine and the listed companies do not constitute a recommendation from Redmayne-Bentley.