Petrominerales Ltd., a 66.8% owned subsidiary of Petrobank Energy and Resources Ltd., is pleased to announce that our Corcel-E1 well is producing 4,900 barrels of 17 degree API oil per day, at less than 1% water cut, following a successful completion in the Lower Sand 1 formation.
PETROBANK AND PETROMINERALES ANNOUNCE CLOSING OF $101 MILLION SECONDARY OFFERING
Petrobank Energy and Resources Ltd. and Petrominerales Ltd. are pleased to announce the closing of our previously announced public secondary offering by Petrobank’s wholly-owned subsidiary Petro International Ltd. of 9.9 million common shares of Petrominerales at a price of $10.25 per Common Share, resulting in gross proceeds of $101,475,000.
PETROMINERALES ANNOUNCES FIRST QUARTER RESULTS
Petrominerales Ltd. (TSX: PMG), a 76.9% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG), is pleased to announce first quarter financial and operating results.
PETROMINERALES ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
Petrominerales Ltd. (TSX: PMG), a 76.8% owned subsidiary of Petrobank Energy and Resources Ltd. (TSX: PBG), is pleased to announce that our annual and special meeting of the shareholders will be held on Thursday, May 7, 2009, at 10:00 am Bogotá time (9:00 am Mountain Time) at the Radisson Royal Bogotá Hotel in the Millennium Meeting Room Calle 113 No. 7-65, Bogotá, Colombia. All shareholders are cordially invited to attend.