Phoenix Global Resources plc is a United Kingdom-based independent oil and gas exploration and production company. The principal activities of the Company are the exploration, development and production of oil and gas in Argentina. Its segments include operated and non-operated assets. Its operated areas include Mata Mora, Corralera, Tupungato-Refugio and Atamisqui, Puesto Rojas, Rio Atuel and La Paloma. Its non-operated areas include Chachahuen and Tierra del Fuego. The Company has over 0.9 million licensed working interest acres in Argentina, of which approximately 0.7 million are operated, about 18.8 million barrel of oil equivalent (boe) of working interest proved plus probable reserves (2P) reserves and average working interest production of approximately 4,549 barrel of oil equivalent per day (boepd).