Tag: Petrominerales

Petrominerales discovers more oil in Colombia

Canadian oil company Petrominerales on Wednesday said it had found oil in central Colombia. The company which has 15 exploration blocks in the Deep Llanos and Putumayo basins in Colombia and five more in Peru, discovered the oil...

Petrominerals strikes water in east Colombia

Canadian energy company Petrominerals tested wells in the Llanos Basin of Colombia and struck water instead of oil, the company announced Tuesday. During October and November the company carried out exploratory activities in six...

Petrominerales resumes production after protests

Petrominerales, the fourth largest petroleum producer in Colombia, resumed production after a stoppage caused by protests, the company announced on its website Wednesday. The company “expects to be producing at full...

Petrominerales Q2 profit lags market view

Canadian oil and gas producer Petrominerales Ltd’s quarterly profit trailed analysts’ expectations, hurt by lower crude output. The company, which bought a 5 percent stake in Colombia’s Ocensa crude oil...

High well yield raises Petrominerales shares

Shares in Calgary-based Petrominerales jumped by as much as 12 per cent Wednesday after it announced a well targeting a new oil pool in Colombia had come on at more than 10,000 barrels per day. The stock peaked at $37.39 just...

Petrominerales successfully drills second well in Yenac

Latin America-focussed oil producer Petrominerales Ltd said it successfully drilled a second well in Yenac in Colombia. The company said the Yenac-2 well in the Mirador formation produced 2,936 barrels of oil per day, and that...

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