President Energy
Sector: Raw Materials • Location: Paraguay
Source: International Finance Corporation (IFC)
The proposed investment consists of an equity investment of up to $20 million in President Energy Plc. (“President Energy” or the “Company”). IFC funds are aimed to support President’s exploration activities in Paraguay, where the company is focusing to develop two contiguous hydrocarbon blocks, Pirity and DeMattei, both currently at a pre-drilling phase. These two blocks offer a chance to explore
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment consists of an equity investment of up to $20 million in President Energy Plc. (“President Energy” or the “Company”). IFC funds are aimed to support President’s exploration activities in Paraguay, where the company is focusing to develop two contiguous hydrocarbon blocks, Pirity and DeMattei, both currently at a pre-drilling phase. These two blocks offer a chance to explore in an extension of a proven hydrocarbon system. The Company is currently processing 2D and 3D seismic data with a view to commencing a multi-well program in 2014. A successful commercial discovery in one of the blocks would be transformational to the Company and to the country of Paraguay, which has yet to discover hydrocarbons. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
