President Petroleum Company Plc operates in the Crude petroleum and natural gas sector. President Petroleum Company PLC is engaged in are the exploration for and the evaluation and production of oil and gas. In January 2010, the Company completed the acquisition of a 25% working interest in the East White Lake field in Louisiana and in August further deep drilling rights were acquired at its East Lake Verret field. Pursuant to the acquisition in East White Lake, the Company drilled two development wells. During the year ended December 31, 2010, the Company produced 161.2 million cubic feet of natural gas; 13,971 barrels of oil and 40.8 thousand barrels of oil equivalent of total hydrocarbons in East Lake Verret, and 62.4 million cubic feet of natural gas; 16,339 barrels of oil and 26.7 thousand barrels of oil equivalent of total hydrocarbons. The Kafoury 3 exploration well, East Lake Verret Field (ELV), Louisiana, spudded in November 2010 and commenced drilling. The Northumberland 2 exploration well, PEL82, South Australia, spudded in March 2011. In our complete report available for purchase the company is compared to: Sefton Resources Inc, Aurelian Oil & Gas PLC and Cadogan Petroleum Plc.