Petrominerales Ltd. (“Petrominerales” or the “Company”) (TSX:PMG), is pleased to announce that the Board of Directors of Petrominerales has approved a normal course issuer bid (the “NCIB”).
PETROMINERALES REPORTS CAPYBARA SUCCESS AND FIRST QUARTER RESULTS HIGHLIGHTED BY FUNDS FLOW FROM OPERATIONS OF US$181.8 MILLION
Petrominerales Ltd. (“Petrominerales” or the “Company”) is pleased to announce first quarter results highlighted by funds flow from operations of US$181.8 million (US$1.76 per share). Production increased 23 percent quarter-over-quarter, averaging 40,802 barrels of oil per day (“bopd”).