TIDMPPC

RNS Number : 5352B

President Energy PLC

07 October 2015

7 October 2015

PRESIDENT ENERGY PLC

("President" or "the Company")

Completion of Acquisition

President is pleased to confirm that, further to the announcement made on 6(th) October 2015 regarding the Company's acquisition of the remaining 36% interest in the Pirity Concession held by Pirity Hidrocarburos S.R.L., a subsidiary of Petro-Victory Energy, consent from the TSX Venture Exchange has been granted and the acquisition has now completed.

Contact:

 
 President Energy PLC 
 Peter Levine, Chairman         +44 (0) 207 016 7950 
 Miles Biggins, COO             +44 (0) 207 016 7950 
 Ben Wilkinson, Finance 
  Director                      +44 (0) 207 016 7950 
 
 RBC Capital Markets 
 Jeremy Low, Matthew Coakes, 
  Daniel Conti                  +44 (0) 207 653 4000 
 
 Peel Hunt LLP 
 Richard Crichton, Ross 
  Allister                      +44 (0) 207 418 8900 
 
 Bell Pottinger 
 Gavin Davis, Henry Lerwill     +44 (0) 203 772 2500

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 07, 2015 07:15 ET (11:15 GMT)

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