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ECOPETROL, Pacific Rubiales And Petrominerales Announce Closing Of COP$ 2.1 Billion Debt Facility For The Araguaney To Banadia P
ECOPETROL (BVC: ECOPETROL; NYSE: EC; TSX: ECP), Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) and Petrominerales (TSX: PMG; BVC: PMGC) are pleased to announce that Oleoducto Bicentenario S.A. (Bicentenario) has closed a debt facility for approximately US$1.2 billion, the equivalent of COP$2,100,000 million in Colombian Pesos. The loan has been provided by a syndicate of ten Colombian Banks. Bicentenario is a specialpurpose vehicle owned 55.97% by Ecopetrol S.A., 32.88 % by Pacific Rubiales Energy, 9.65% by Petrominerales, and the remainder owned by other E&P companies operating in Colombia.

date.png11 May 2012 14:01 | comments.png 0 Comments | tags.png colombia ecopetrol pacific petrominerales pipeline rubiales s-america [ More ]

Petrominerales Provides Exploration And Operations Update Highlighted By Bromelia-1 Well
Petrominerales Ltd. (“Petrominerales” or the “Company”) (TSX: PMG, BVC: PMGC) is pleased to provide the following exploration and operations update.

date.png27 Apr 2012 06:39 | comments.png 0 Comments | tags.png colombia peru petrominerales s-america upstream [ More ]

PETROMINERALES COBRA‐2 WELL ON PRODUCTION AT OVER 5,000 BOPD
Petrominerales Ltd. (“Petrominerales” or the “Company”) (TSX:PMG, BVC:PMGC) is pleased to report that our Cobra‐2 well is currently producing over 5,000
barrels of oil per day (“bopd”) of 30 degree API oil at a two percent water cut.

date.png14 Dec 2011 13:49 | comments.png 0 Comments | tags.png colombia petrominerales upstream [ More ]

Petrominerales Announces Closing Of Strategic Acquisition Of Interest In Colombia's Ocensa Pipeline
Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG) is pleased to announce that we, through a wholly-owned subsidiary, have closed our previously announced acquisition of a five percent interest in the Oleoducto Central S.A. ("Ocensa") crude oil pipeline from Total E&P Holdings, for a purchase price of US$281 million.

date.png21 Jul 2011 07:44 | comments.png 0 Comments | tags.png colombia petrominerales pipeline [ More ]

PETROMINERALES PROVIDES EXPLORATION UPDATE
Petrominerales Ltd. ("Petrominerales" or the "Company") (TSX:PMG) is pleased to provide the following exploration update.

date.png12 Jul 2011 12:44 | comments.png 0 Comments | tags.png colombia petrominerales upstream [ More ]

Petrominerales Announces Strategic Acquisition Of Interest In Colombia’s Ocensa Pipeline
Petrominerales Ltd. (“Petrominerales” or the “Company”) (TSX:PMG) is pleased to announce that we have entered into an agreement to acquire a five percent interest in the Oleoducto Central S.A. (“Ocensa”) crude oil pipeline from Total E&P Holdings (“Total”), for a purchase price of US$281 million.

date.png22 Jun 2011 07:45 | comments.png 0 Comments | tags.png colombia petrominerales pipeline [ More ]

Petrominerales Proved Plus Probable Reserves Additions Replace 153% Of 2010 Production
Petrominerales Ltd. (“Petrominerales” or the “Company”) is pleased to report proved plus probable reserves of over 60 million barrels of oil as at December 31, 2010 (as determined by our independent reserves evaluators DeGolyer and MacNaughton (“D&M”)), replacing 2010 production by 153%.

date.png28 Feb 2011 10:05 | comments.png 0 Comments | tags.png petrominerales reserves [ More ]

Petrominerales Acquires An Additional 25% Of Block 126 From Veraz Petroleum
Petrominerales Ltd. (“Petrominerales”) (TSX:PMG), a 66% owned subsidiary of Petrobank Energy and Resources Ltd. (“TSX:PBG”), and Veraz Petroleum Ltd. (“Veraz”) (TSX-V:VRZ) (Petrominerales and Veraz collectively referred to herein as the “Companies”) are pleased to announce that Petrominerales has agreed to acquire an additional 25% interest from Veraz in Block 126 in east central Peru.

date.png14 Oct 2010 05:37 | comments.png 0 Comments | tags.png deals investing peru petrominerales upstream [ More ]
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