Who we are
Phoenix Global Resources plc (AIM: PGR; BCBA: PGR) is an upstream oil and gas company offering its investors an opportunity to invest directly into Argentina’s Vaca Muerta shale formation and other unconventional resources.
The Vaca Muerta is the only producing shale outside North America and has attracted significant major entrants including Total, BP, Chevron, ExxonMobil, Qatar, Petroleum, Petronas, Shell and Equinor. PGR currently holds interests and operates several blocks with exposition to Vaca Muerta formation, principally in the Neuquen Province. Recently, The Company was awarded with his first unconventional exploitation concession in the Mata Mora North block. The Company’s unconventional acreage is underpinned by net 18.8 MMboe proven and probable reserves as of December 2020 and average 4,549 boepd of production in 2020.