Operational Updates | Discoveries
PetroNova Tags Llanos Discoveries at Year-End
Print
|
PetroNova Inc. has reported its operational and financial results for the year ended December 31, 2012.
"In 2012, PetroNova executed on our exploration drilling strategy in the Llanos Basin, resulting in three oil discoveries and first-time reserves, which is a major milestone for the Company," said Antonio Vincentelli, President and Chief Executive Officer of PetroNova. "For the remainder of 2013, we will delineate the discoveries in the Llanos Basin, and focus our drilling program on the high-potential targets in our PUT-2 and Tinigua Blocks, where we plan to commence drilling this quarter."
Since January 1, 2012, the Company: Closed a private placement with the International Finance Corporation (IFC), the IFC African, Latin American and Caribbean Fund, LP and other shareholders for…Finish this article — free account or subscription
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
No credit card. Includes 15 days of full access to permits, deals, completions and presentations.
Already a subscriber? Log in