President Energy eyes 500 million barrels in Paraguay - President - TopicsExpress

President Energy eyes 500 million barrels in Paraguay - President Energy(LON:PPC) has signed an 18-month contract with oil services giant Schlumberger as it accelerates activity in Paraguay ahead of the spudding of its first well next year. The contract covers project management and integrated drilling and completion for the drilling programme. President added it had acquired over 1,000 kilometres of 2D seismic on its two 16,000 square kilometre (km2) concessions in t... ow.ly/2BjoZu

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