Petrominerales Company News

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Chamber: Colombia Oil Sector Hurt by Torrential Rains
Heavy rains in Colombia's southern, oil-producing region of Putumayo are hampering oil activities there, Campetrol said in a statement.
8:00 PM EST | July 22, 2012
Petrominerales Recovers More Than 95% Shut-In Production in Colombia
Following the restart of operations after the recently announced blockades around the Corcel and Guatiquia Blocks, Petrominerales has recovered more than 95 percent of its shut-in production.
8:00 PM EST | September 21, 2011
Petrominerales Resumes Production Ops in Colombia
Petrominerales has resumed production operations at its Corcel and Guatiquia Blocks.
8:00 PM EST | September 14, 2011
Petrominerales Finalizes Stake in Ocensa Pipeline
Petrominerales has closed its previously announced acquisition of a five percent interest in the Oleoducto crude oil pipeline from Total E&P Holdings.
8:00 PM EST | July 19, 2011
Petrominerales Adds Additional Interest in Peru
Petrominerales has agreed to acquire an additional 25% interest from Veraz in Block 126 in east central Peru.
8:00 PM EST | October 12, 2010
Petrominerales to Case Amarillo-1 as Potential Oil Well
Petrominerales, a 66% owned subsidiary of Petrobank, announced that Amarillo-1 will be cased as a potential oil well.
8:00 PM EST | July 29, 2010
Petrominerales Cases Candelilla-3 as Potential Producer
Petrominerales updated on exploration activities highlighted by the decision to case Candelilla-3 as a potential oil well.
8:00 PM EST | March 17, 2010
Petrominerales Moves on from Chiguiro Este-1 Well Onshore Colombia
Petrominerales announced that the Chiguiro Este-1 exploration well in Colombia is to be abandoned.
8:00 PM EST | July 02, 2009
Petrominerales Cases Latest Corcel Well in Colombia
Petrominerales is casing its Corcel-D3 exploration well as a potential oil producer.
7:00 PM EST | March 05, 2009
Petrominerales Posts Strong 2008 Results, Continues Success at Mapache
Petrominerales has reported record financial, operating and year-end results along with another exploration success with its Mapache-1 well testing 1,400 barrels of oil per day.
7:00 PM EST | March 01, 2009
Petrominerales' Mapache-2 Well in Colombia Test Flows 1,300 BOPD
Petrominerales announced that its Mapache-2 exploration well flow tested an average 1,300 barrels of 34 degree API oil per day.
7:00 PM EST | February 08, 2009
Petrominerales Recompletes Colombia Well, Total Production at 25,000 BOPD
With the Corcel-D1 well back online, early success at Neiva, and some production still off-line at Orito, Petrominerales is now producing in excess of 25,000 bopd.
7:00 PM EST | February 01, 2009
Petrominerales Turns on Taps at Colombian Well
Petrominerales' Corcel-D2 exploration well is producing 4,500 barrels of 26 degree API oil per day in Colombia.
7:00 PM EST | January 21, 2009
PetroLatina Wins Exploration Block in Colombia, Proposes Farm-Out Agreement
PetroLatina was the successful bidder for the Putumayo-4 block in the recent Colombian license bidding round. In addition, the company has entered into a MOU with La Cortez for a proposed farm-out.
7:00 PM EST | January 06, 2009
Petrominerales Snaps Up Blocks 25 and 31 in Colombia's Llanos Basin
Petrominerales has announced that, following the Colombian Mini Round 2008, it was awarded Blocks 25 and 31, in the Llanos Basin of Colombia.
7:00 PM EST | December 04, 2008
Petrominerales Puts Corcel-D1 On-Stream, Posts November Production Results
Petrominerales has put its Corcel-D1 well on-stream at production rates of 3,800 bopd, and has posted a production average of 14,150 bopd in November.
7:00 PM EST | December 04, 2008
Petrominerales to Explore Peruvian Block 126 with Veraz
Veraz Petroleum has partnered with Petrominerales to jointly explore Block 126 in the Ucayali Basin of east central Peru. Under the agreement, Petrominerales will be designated the operator.
7:00 PM EST | November 19, 2008
Petrominerales Tests Positive Oil Flow at Colombian Well
Petrominerales' Corcel-C3 exploration well is producing at rates in excess of 9,700 barrels of oil per day in Colombia.
8:00 PM EST | October 19, 2008
Petrominerales Tests Lower Zones in Corcel-3 and Cases Ojo De Tigre-3
The Corcel-3 well spudded on November 21, 2007 and was drilled directionally to a depth 13,050 feet. Logs indicate that the Mirador and Guadalupe sands that are producing in Corcel-1 and Corcel-2 are present in Corcel-3 at depths approximately 95 ft.
7:00 PM EST | February 18, 2008
Petrominerales Ramps Up 2008 Activity Levels
Petrominerales expects to be one of the most active explorers in Colombia in 2008 and is also planning an extensive development drilling program.
7:00 PM EST | December 16, 2007
Petrominerales: Conga-1 Well Find Oil in Lower Villeta Formation
Petrominerales says the Conga-1 exploration well naturally flowed a total of 725 barrels of 31 degree API oil over a 34-hour period. Further production testing is underway.
7:00 PM EST | December 06, 2007
Petrominerales Brings Corcel-2 On Stream
Petrominerales says that the extended production test of the Corcel-2 well has now commenced and the well is producing at restricted rates of 4,500 bopd with approximately 16% drawdown.
7:00 PM EST | November 18, 2007
Petrominerales Achieves Record 3Q Results
Petrominerales reports a record third quarter 2007 financial and operating results fueled by an 87% increase in year-over-year production.
7:00 PM EST | November 06, 2007
Petrominerales Updates on Three Wells
Petrominerales' Corcel-2 logs indicate total potential net pay of approximately 125 feet of high quality reservoir sands in the Tertiary Mirador and Guadalupe formations.
8:00 PM EST | October 23, 2007
ANH Receives 22 Offers for E&P Round
Colombia's state hydrocarbons regulator ANH has received 22 offers for the round dubbed the first competitive process of 2007, according to ANH documents obtained by BNamericas.
8:00 PM EST | October 03, 2007
Petrominerales Closes $61 Million Financing
Petrominerales reports the closing of the bought deal financing consisting of 5,060,000 common shares, including 660,000 common shares issued pursuant to the exercise in full of the Underwriters' over-allotment.
8:00 PM EST | September 13, 2007
Petrominerales Spuds Corcel-2
Construction has been completed on a second drilling pad and our Corcel-2 well commenced drilling on August 25, 2007.
8:00 PM EST | August 26, 2007
Petrominerales Enters a $53 Million Bought Deal Financing
Petrominerales has entered into bought deal financing agreement valued at $53,020,000.
8:00 PM EST | August 22, 2007
Petrominerales Tests Additional Oil from Corcel-1
Petrominerales says that the upper Mirador zone in the Corcel-1 exploration well has tested oil.
8:00 PM EST | August 01, 2007
Petrominerales Tests Oil from Second Zone in Corcel-1
Petrominerales announces that the second test interval in the Corcel-1 exploration well has tested at initial rates of 1,500 to 2,300 barrels per day of 28 degree API oil, with no water, from the lower Mirador interval.
8:00 PM EST | July 26, 2007
Petrominerales Tests Oil From 1st Zone in Corcel-1 Exploration Well
Petrominerales announced its Corcel-1 exploration well has tested at initial rates of 970-1,200b/d of 31 degree API oil.
8:00 PM EST | July 22, 2007