PetroLatina Energy Plc Company News

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PetroLatina to Initiate Seismic Program at Putumayo Block
PetroLatina announced it aims to initiate the seismic acquisition program at Putumayo-4 exploration block during December 2011.
7:00 PM EST | November 06, 2011
PetroLatina Farms-Out Colombia Block to Shell
PetroLatina has entered into a farm-out agreement with Shell E&P Colombia for the VMM-28 Exploration Block.
8:00 PM EST | July 14, 2011
PetroLatina Welcomes CEO
PetroLatina announced the appointment of Mr. Luis Guillermo Acosta as Chief Operating Officer of the Company.
8:00 PM EST | May 18, 2011
PetroLatina Ramps Production in 1Q11
"Our first quarter average production rates and the initial results to date from the Serafin-1 gas well have been very encouraging and in line with our expectations," said Juan Carlos Rodriguez.
8:00 PM EST | April 13, 2011
PetroLatina: Extended Production Testing Commenced at Serafin
PetroLatina announced that extended production testing has now commenced on the Serafin-1 gas well and will continue for a period of 6 months.
8:00 PM EST | March 22, 2011
PetroLatina Updates Colombian Ops
"The completion of the first round of our commitment and exploration drilling during the past two years has achieved very encouraging results in terms of production rates and reserve volumes," said Juan Carlos Rodriguez.
7:00 PM EST | November 21, 2010
ANH Reverses PetroLatina's Right to Llanos Block
PetroLatina announced that ANH has reversed its previous decision to award block LLA57 to PetroLatina and has decided instead to award the block to a third party.
8:00 PM EST | October 13, 2010
PetroLatina Discovers Oil in LA Field
PetroLatina's first well drilled outside of the commercial area of the Los Angeles field was successful.
8:00 PM EST | August 03, 2010
PetroLatina Spotlights LA Field Ops
PetroLatina announced an update on its Colon-3 development well on the La Paloma field and its Querubin-1 exploratory well on the Los Angeles field.
8:00 PM EST | June 30, 2010
PetroLatina Scoops Up Blocks in Colombia
PetroLatina announced that ANH confirmed that it was the successful bidder for two new blocks in the recent Colombian license bidding round 2010.
8:00 PM EST | June 24, 2010
PetroLatina Ramps Up Production at La Paloma Field
PetroLatina updated on its Colon-3 development well and the installation of electrical submersible pumps in the Colon-1 and Colon-2 production wells on the La Paloma field.
8:00 PM EST | June 06, 2010
PetroLatina: Seismic Data Confirms 7 Leads on Colombian Block
PetroLatina announced an update on activities at its Putumayo-4 block, in which PetroLatina has a 50% interest and is the operator.
8:00 PM EST | April 21, 2010
Santa Lucia-4 to Increase PetroLatina's Oil Output
PetroLatina announced an operational update in respect of the testing of the Santa Lucia-4 development well which was recently drilled on the Tisquirama A Block in Colombia.
8:00 PM EST | April 18, 2010
PetroLatina Reaches TD at Santa Lucia Well
PetroLatina provided the following update on its Santa Lucia Sur-1 exploration well.
8:00 PM EST | April 04, 2010
PetroLatina Updates on Colombian Block Operations
Initial testing of two formations on PetroLatina's Midas Block has now been completed.
8:00 PM EST | March 25, 2010
PetroLatina Updates Colombian Reserves Estimates
During the period from December 31, 2007 to November 30, 2009, PetroLatina has produced and sold a total of 0.273 million barrels of oil.
7:00 PM EST | February 07, 2010
PetroLatina Hits Paydirt at Midas Block in Colombia
PetroLatina has announced a new exploration discovery at the Zoe-1 exploration well, which has now been completed and is undergoing testing operations.
7:00 PM EST | February 07, 2010
PetroLatina Ramps Up Production Run Rate in Colombia
PetroLatina has reported a drilling update in respect of the Los Angeles field, the current production run rate, an operational update on the Colon field and the spudding of the Zoe-1 exploration well.
7:00 PM EST | December 16, 2009
PetroLatina Cites 100% Drilling Success Rate in Latin America
PetroLatina, the oil and gas exploration and production company focused on Latin America, announces its unaudited interim results for the six months ended June 30, 2009.
8:00 PM EST | September 29, 2009
PetroLatina's Colon-2 Flows Oil at 'Substantial Rate'
The Colon-2 development well flows oil at a substantial rate and confirms that the Colon discovery has considerable potential.
8:00 PM EST | September 15, 2009
PetroLatina Boasts 100% Success Rate in Colombian Licenses
PetroLatina has announced successful results for both the Chuira-1 and Colon-2 wells together with an operational update.
8:00 PM EST | September 02, 2009
PetroLatina Updates on Chuira-1 Exploration Well Onshore Colombia
PetroLatina has provided an operational update in respect of its Chuira-1 exploration well.
8:00 PM EST | July 30, 2009
PetroLatina Reveals Final Results for 2008, Revenues Up 10%
PetroLatina's 2008 revenues increased by approximately 10% to $7.8 million compared to revenues of $7.1 million in 2007.
8:00 PM EST | May 20, 2009
PetroLatina Turns on Taps at Los Angeles-11 Development Well
PetroLatina has announced positive results for its recently drilled Los Angeles-11 development well alongside a general update on its ongoing drilling program.
8:00 PM EST | April 27, 2009
PetroLatina Successfully Completes Colon 1 at La Paloma Field
The preliminary engineering analysis for PetroLatina's Colon-1 exploration well on the La Paloma block in the Middle Magdalena valley, Colombia, has now been completed.
8:00 PM EST | March 16, 2009
PetroLatina Hits Paydirt at La Paloma Block in Colombia
PetroLatina has announced successful preliminary test results for its Colon-1 exploratory well on the La Paloma block in the Middle Magdalena valley, Colombia.
7:00 PM EST | February 17, 2009
PetroLatina Secures Financing to Complete Operations at Colon-1 Well
PetroLatina's first exploratory well on the La Paloma block is close to reaching its target depth, and the company has secured the necessary funds to ensure its completion.
7:00 PM EST | January 20, 2009
La Cortez Farms-In to Putumayo 4 Block in Southern Colombia
La Cortez has entered into a MOU with Petronorte that entitles La Cortez to a 50% Net Working Interest in the Putumayo 4 block located in the south of Colombia.
7:00 PM EST | January 06, 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
PetroLatina Commences Drilling Colon-1, IDs 4 New Well Sites in Colombia
PetroLatina has commenced drilling the Colon-1 well on the La Paloma Block in Colombia, and has identified four well locations on the Los Angeles license area, which the company plans to contruct and drill in 2009.
7:00 PM EST | November 30, 2008
PetroLatina to Spud First Well in New Drilling Program by Late Nov.
Petrolatina has provided an operational update for its Colombian asset, and expects to spud its first well in the company's new drilling campaign by November 25.
7:00 PM EST | November 06, 2008
PetroLatina Unveils Directorate, Management Changes
PetroLatina announced the following Directorate and Management changes, including the designation of the current interim CEO to the Company's official CEO with immediate effect.
8:00 PM EST | August 04, 2008
PetroLatina Optimistic About Colombian Operations, Plans to Drill 4 Wells
PetroLatina announced its audited final results for the year ended December 31, 2007 regarding operations in Colombia. Average production was 350 bopd, and the Company plans to pursue its active drilling program with four new wells before December.
8:00 PM EST | July 13, 2008
PetroLatina Secures $25MM Investment from Tribeca
PetroLatina reported that Tribeca Oil and Gas, Inc. has now completed its total investment of US$25 million in the Company.
8:00 PM EST | July 13, 2008
PetroLatina Names New Board Members
Tribeca representatives, Luc Gerard and Ciro Mendez, have joined PetroLatina's Board as Executive Chairman and Non-Executive Director, respectively and with immediate effect. Accordingly, Greg Smith will step down as Executive Chairman.
8:00 PM EST | July 13, 2008
PetroLatina 3P Reserves Valued at $165MM
PetroLatina announced that its 3P reserves are valued at around US $165 million and plans to invest in future field development in Colombia and Guatemala.
8:00 PM EST | June 24, 2008
PetroLatina Wraps Up Financing with Tribeca Oil & Gas
PetroLatina announced that final terms and conditions have now been agreed with Tribeca Oil and Gas to invest up to US$25 million in the Company.
8:00 PM EST | May 18, 2008
PetroLatina Scoops Up Petroleos del Norte S.A.
In addition to the previously announced PetroLatina tranche proposal, a second cash payment of US$13 million was due to be paid to the vendors of PDN upon the extension of the Tisquirama license.
8:00 PM EST | May 18, 2008
BrazAlta Enjoys Success in Brazil's 9th Licensing Round
Petro Latina has entered into two farm-in agreements with BrazAlta and W.Washington to earn interests in Blocks 204, 219, 234 and Test Well Block 235; and Blocks 94, 105, 115 and 116, each in the Reconcavo Basin, Brazil.
7:00 PM EST | December 03, 2007
PetroLatina Gets Tisquirama License Extension
PetroLatina has secured the extension of the Tisquirama license for the economic life of the fields. Without this agreement the license would have expired in 2009.
7:00 PM EST | November 28, 2007
PetroLatina CEO Resigns
PetroLatina has appointed Juan Carlos Rodriguez as Interim CEO while the company finds a replacement for Rudolph Berends.
8:00 PM EST | November 01, 2007
PetroLatina Reports 1H07 Results
PetroLatina says for the first six months of 2007, turnover was $3,110,000 and gross profit $1,926,000, loss on ordinary activities before tax was $2,926,000.
8:00 PM EST | September 25, 2007
Petrolatina Completes Sale of Guatemalan Assets
Petrolatina says the option announced in May has been exercised with a local buyer and the sale of its Guatemala assets has been completed.
8:00 PM EST | July 30, 2007
PetroLatina Commits to Phase 2 of La Paloma Exploration
PetroLatina Energy Plc has successfully re-negotiated a reduction in the carried interests of the local partners in La Paloma and Midas exploration blocks in Colombia from 30% to 15%.
8:00 PM EST | May 20, 2007
Guatemala Adds Offshore Blocks to Planned E&P Tender
The hydrocarbons department of Guatemala's energy and mines ministry has added offshore blocks to a planned E&P bidding process, department director Jorge Silva told BNamericas.
8:00 PM EST | April 23, 2007
Berends Takes Helm at PetroLatina
PetroLatina Energy Plc has appointed Rudolph Berends as Chief Executive Officer with immediate effect.
8:00 PM EST | March 11, 2007
PetroLatina Happy with Early Serafin Test Results
PetroLatina Energy Plc, a Latin America-focused independent, announced that initial production testing at its Serafin Well #1 has produced results at the higher end of expectations.
7:00 PM EST | February 14, 2007
PetroLatina's CEO to Step Down
PetroLatina Energy Plc, an independent oil and gas exploration, development and production company, focused on Latin America and currently producing approximately 500 barrels of oil per day, on Thursday announced the following management update.
7:00 PM EST | January 31, 2007
Guatemalan President Could Advance E&P Tenders This Week
Guatemala's President Oscar Berger could authorize the launch of bidding for new hydrocarbons E&P in Peten department in coming days, the energy and mines ministry's hydrocarbons director said.
7:00 PM EST | January 22, 2007
PetroLatina Ups Potential of Middle Magdalena Licenses
PetroLatina Energy has been conducting an update of its view on the potential of the Midas and La Paloma licenses in Colombia, using the seismic and well database obtained in conjunction with the licenses.
7:00 PM EST | January 09, 2007