Operator · Colombia
Petroamerica Oil Corp
25 articles mentioning Petroamerica Oil Corp · Page 1 of 2
Petroamerica Makes New Llanos Basin Discovery
Opens up a new play fairway in this part of the Llanos Basin.
Petroamerica Announces 2015 Guidance and Capex
Petroamerica's capital expenditure program for the first six months of 2015 is expected to be $20 million.
Petroamerica Drills Quinde-3 Appraisal Well
Validates the Company's geological mapping of the extent of this recently discovered pool.
Petroamerica Encounters Hydrocarbons in Colombia
Approximately 15 feet of net oil pay (true vertical depth) over a gross interval of approximately 38 feet in the Gacheta C sands
Production Hiccups Cause Petroamerica to Slash 2014 Guidance
This guidance is below original 2014 expectations, primarily due to the extended production restrictions in the Putumayo properties that have been in effect since July 13, 2014
Petroamerica Exits 1Q at 6,477 BOE/d; Talks Rumi, Curiara
Also, the company closed the quarter with over $103 million in cash and short term investments, an increase of 55% from the close of 2013.
Petroamerica Continues Rapid Growth in Columbian Production
Achieved average daily production for the year of 5,451 boepd, an increase of over 290% from the previous year.
Petroamerica Plans 5 Colombian Wells in 2014
With the reduction in planned capital spending for the year, the Company expects to have free cash to pursue new business opportunities.
Petroamerica Cases La Guira Well; Preps for Testing
Testing will be performed on the Mirador and Gacheta Formations using a work-over rig and will commence once the rig is secured and on site.
Petroamerica Sets 2014 Budget; Maintains Colombian Focus
Petroamerica has reported its 2014 planned capital expenditures and guidance.
Petroamerica Oil Corp. Shows Large Production Increase with New Discovery
Production for the entire year averaged 5,440 boepd (5,433 bopd and 14.9 MMscf in sales gas) representing a 390% increase from 2012 average production of 1,392 bopd, and beating guidance issued at the beginning of the...
Petroamerica Starts Up Production at La Casona Discovery; Hits TD at Rumi Well
The La Casona-2 appraisal well was drilled 600 meters away from La Casona-1, and is about to commence testing of the Mirador Formation.
Petroamerica Tags Four Maracas Oil Producers in Q3; Edits Budget
The Las Maracas-10, Las Maracas-11, Las Maracas-12 and Las Maracas-14 resulted in four oil producers.
Petroamerica Discovers Light Crude in Los Ocarros
Petroamerica Oil Corp., a Canadian oil company operating in Colombia is pleased to announce a light oil discovery at the La Guira-1 exploration well on the Los Ocarros Block.
Petroamerica Initiates Drilling Ops at Los Ocarros Well
Petroamerica holds a 50% non-operated participating interest in the Los Ocarros Block.
Petroamerica Ramps Up Colombian Production; Hits TD at La Casona
Company working interest production for the third quarter averaged 5,951 BO/d, an increase of 18% over production levels reported for the second quarter of 2013.
Strong Production Anticipated at Petroamerica's Maracas Projects
With the addition of production from the Las Maracas-11 well, on August 12, 2013, the Company's production exceeded 6,000 bopd.
Petroamerica Well Hits Mirador Formation; Flows Oil
Petroamerica Oil Corp. has reported the results from its Las Maracas-10 development well which tested under natural flow.
Petroamerica Spuds Oily Las Maracas-11 Well
Las Maracas-11 was spud on July 1, 2013 and is targeting attic oil in the Mirador Formation.
Petroamerica Spuds La Casona Well; Builds Infrastructure
Petroamerica Oil Corp. has reported the start of appraisal drilling at its La Casona discovery on the El Eden Block in the Llanos Basin of Colombia.