Petrominerales Ltd. is pleased to announce that it has completed its previously announced acquisition of PanAndean Resources plc (“PanAndean”) (AIM:PRE).
PETROMINERALES PRODUCES YENAC-1 WELL AT OVER 1,800 BOPD AND PROVIDES EXPLORATION AND PRODUCTION UPDATE
Petrominerales Ltd. is pleased to announce testing results from the Yenac-1 well. The well is currently producing over 1,800 barrels of 15 degree API oil per day (“bopd”) at a 51% water cut from eight feet of perforations from two sands at the top of the Mirador formation.