New oil discovery by Pacific Rubiales in Llanos Orientales, Colombia

March 10th, 2010  |  Published in Oil and Gas

Bogota, March 10 (Coal Geology) Canadian-owned Pacific Rubiales has made a new oil discovery at an exploration well located in Colombia’s Llanos Orientales region, a media report said.

[ReviewAZON asin="1593700520" display="inlinepost"]The results are promising and bode well for the field’s future, Pacific Rubiales CEO Ronald Pantin said.

“The exploration campaign continues to produce valuable information that will allow us to understand the region’s geological complexity,” Pantin told the business daily Portafolio.

“With these discoveries, the company has ensured the extension of the exploratory phase for an additional two years in the northern area of Quifa.”

The Canadian company produces gas and heavy crude, primarily in Colombia’s Llanos Orientales and in northern Peru.

Related posts:

  1. PACIFIC RUBIALES ANNOUNCES NEW STRATEGY FOR A WIDER INTEGRATION INTO THE ENERGY SECTOR
  2. Brazilian firm Petrobras Colombia Limited announces oil find in Colombia
  3. Ecopetrol (NYSE: EC) Announces Discovery in Putumayo, Colombia
  4. New Light Oil Discovery, Taranaki Basin, New Zealand reported by TAG (TSX-V:TAO)
  5. Shona Energy Company, Inc. Announces Natural Gas Discovery in the Lower Magdalena Basin of Colombia
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