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One-Page Deal Sheet

Petroamerica Farms In with Pacific Rubiales in Llanos Basin

Petroamerica Oil Corp Pacific Rubiales Energy Corp.
AnnouncedMay 20, 2014
TypeFarm-In/Farm Out
LocationColombia
Announced Date
May 20,2014
Transaction Type
Farm-In/Farm Out
Enterprise Value (EV)($MM)
17




Snapshot
Asset/Basin:
{"Llanos Basin"}
TargetZones:
{Gacheta,Mirador,Une
Location
Region
South America

Country
Colombia

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Petroamerica Oil Corp., a Canadian oil and gas company operating in Colombia is has announced that it has entered into a definitive agreement, subject to the approval of the National Hydrocarbon Agency of Colombia, with Pacific Stratus Energy Colombia Corp., a wholly owned subsidiary of Pacific Rubiales Energy Corp., to acquire a 50% working interest in the Llanos-19 Block (LLA-19), excluding the Tormento Field where PSE will retain its 100% WI.

This farm-in constitutes a key strategic acquisition for Petroamerica, targeting light oil in highly prospective low-side fault closures in the…

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