Exploration & Production | Quarterly / Earnings Reports
Petronova Spuds First Well in PUT-2 Block
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PetroNova Inc. has announced its operational and financial results for the three and nine months ended September 30, 2013.
Antonio Vincentelli, President and Chief Executive Officer of PetroNova said "During the third quarter, PetroNova focused our exploration and development activities in the Llanos basin and entered into a strategic partnership, favorably positioning the Company to explore our assets in the Putumayo Basin.
Subsequent to quarter-end, PetroNova reached a major milestone by spudding our first well on the PUT-2 Block, and we remain very excited by potential of this well."
Since July 1, 2013, the Company: Produced 28,807 barrels (gross) of oil from extended production testing and sold 27,934 barrels Focused its participation in the Llanos Blocks by relinquishing its 20 per…- ✓ Full news archive — U.S., Canada & international coverage
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