Petrolifera Petroleum Company News

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Gran Tierra to Acquire Petrolifera
Gran Tierra Energy has entered into an Arrangement Agreement to acquire all the issued and outstanding shares and warrants of Petrolifera pursuant to a plan of arrangement.
7:00 PM EST | January 17, 2011
Petrolifera to Start Gas Production at Brillante Well
Petrolifera anticipates commencement of natural gas production and sales, in the first quarter of 2011 from its Brillante SE-1X well, onshore Colombia.
7:00 PM EST | November 10, 2010
Petrolifera Wraps Up Long Term Test in Colombia
Petrolifera has concluded the flowing phase of a long term test of its Brillante SE-1X well in its 100%-owned Sierra Nevada License, Colombia.
8:00 PM EST | September 20, 2010
Petrolifera Updates South American Ops
Petrolifera provided an operations update on its South American prospects.
8:00 PM EST | May 31, 2010
Petrolifera Tests La Pinta Well in Colombia
Petrolifera announced the results of its recently tested La Pinta 1X well on its 100% owned Sierra Nevada License, situated in the Upper Magdalena Basin onshore Colombia.
8:00 PM EST | May 24, 2010
Petrolifera Drills Success in 1Q
Petrolifera was successful in expanding corporate liquidity, while also making a significant natural gas discovery at Brillante on its 100 percent-owned Sierra Nevada License in the Lower Magdalena Basin onshore Colombia, during the 1Q10.
8:00 PM EST | May 04, 2010
Petrolifera Posts Test Rates at Brillante Well
Petrolifera announced a significant upward revision of the previously calculated absolute open flow test rate for the Cienaga de Oro Formation in the Brillante SE-1X well, drilled on its 100% owned Sierra Nevada License in Colombia.
8:00 PM EST | April 25, 2010
Petrolifera Tests Positive Gas in Colombia
Petrolifera Petroleum announced the results of its recently tested Brillante SE-1X well, drilled, completed and tested ahead of schedule and below budget on its 100% owned Sierra Nevada License in Colombia.
8:00 PM EST | April 19, 2010
Petrolifera Encounters Hydrocarbons at Colombian Well
The Brillante SE-1X well in Petrolifera's 100% owned Sierra Nevada Block, Colombia, has encountered indicated hydrocarbon-bearing zones.
8:00 PM EST | March 21, 2010
Petrolifera Swings To Loss
Petrolifera Petroleum announced its year end 2009 financial and operating results.
7:00 PM EST | March 11, 2010
Petrolifera Makes Significant Progress at Colombian Well
Petrolifera has made significant progress in the remediation program at the La Pinta 1X well on its Sierra Nevada License in the Lower Magdalena Basin, onshore Colombia.
7:00 PM EST | February 17, 2010
Petrolifera to Commence Reentry of La Pinta Well
Petrolifera reported that the snubbing unit to be used to reenter the La Pinta 1X well has arrived and is now rigging up. The company also anticipates spudding the Brillante SE 1X exploratory well mid-February 2010.
7:00 PM EST | January 31, 2010
Petrolifera Farms Out Vaca Mahuida Block
Petrolifera has entered into an agreement with a subsidiary of Americas Petrogas to farm out the Vaca Mahuida Block, located in the Neuquen Basin onshore Argentina.
7:00 PM EST | January 27, 2010
Petrolifera Makes Headway in Puesto Morales Norte Field
Petrolifera has completed drilling and testing five infill wells within the Puesto Morales Norte Field in the Neuqun Basin, Argentina.
7:00 PM EST | January 20, 2010
Petrolifera's Argentine Exploratory Well Encounters Zones of Interest
Petrolifera has now completed drilling and testing five infill wells within the Puesto Morales Norte Field in the Neuquen Basin, Argentina.
7:00 PM EST | December 20, 2009
Petrolifera Farms-Out Stake in Turpial License in Colombia
Petrolifera has concluded an agreement to farm-out of a portion of its 100 percent-owned Turpial License in the Middle Magdalena Basin, onshore Colombia.
7:00 PM EST | December 07, 2009
Petrolifera Makes Headway at Onshore Colombian Prospects
Petrolifera has concluded its evaluation of remediation alternatives for its La Pinta 1X well on the company's 100 percent-owned Sierra Nevada License in the Lower Magdalena Basin, Colombia.
7:00 PM EST | December 01, 2009
Petrolifera Executes Onshore Colombian License Contract with ANH
Petrolifera has executed the Magdalena exploration contract with the ANH for the conversion of the Sierra Nevada II TEA into the Magdalena License onshore Colombia.
8:00 PM EST | October 07, 2009
Petrolifera Focused on South American Field Development in 1H 2009
Petrolifera's focus during the first half of 2009 was on the drilling and testing of the La Pinta well in Colombia, the possible sale of its Argentinean operations and continuing efforts to attract partners for assets in Peru and Colombia.
8:00 PM EST | August 06, 2009
Petrolifera Suspends La Pinta No.1 Well Onshore Colombia
Petrolifera has suspended the La Pinta No. 1 well, drilled solely by it on its 100 percent-owned Sierra Nevada License in the Lower Magdalena Basin onshore northern Colombia.
8:00 PM EST | July 26, 2009
Petrolifera to Retain Argentinean Ops, Comments on La Pinta Testing
Petrolifera announced that the bids received in respect of its Argentinean operations were unacceptable and the company has concluded the sale process and will retain its assets in the country.
8:00 PM EST | July 14, 2009
Petrolifera to Begin Testing Soon on La Pinta Well Onshore Colombia
Petrolifera Petroleum was unable to test prospective zones in the La Pinta well on its Sierra Nevada License in Colombia, due to both the late arrival of certain equipment and certain mechanical failures encountered while running the test assembly.
8:00 PM EST | June 15, 2009
Petrolifera to Test La Pinta-1, Extends Bid Deadline for Argentinean Ops
Petrolifera Petroleum announced that testing of its La Pinta No.1 well on the Sierra Nevada License in Colombia is anticipated to commence on June 6, 2009.
8:00 PM EST | June 04, 2009
Petrolifera Sees Testing Delays at La Pinta 1 in Colombia
Petrolifera announced today that due to some logistical issues, it now expects startup of testing of the La Pinta 1 well on its Sierra Nevada License in Colombia will experience minor delays.
8:00 PM EST | May 10, 2009
Petrolifera Updates on South American Drilling Activities
Petrolifera Petroleum has provided an update on its South American operations and corporate activities.
8:00 PM EST | April 16, 2009
Petrolifera Encouraged by La Pinta 1, to Spud New Well in Argentina
Petrolifera is preparing to run a casing string at the La Pinta 1 well in Colombia, where the company is encouraged by logging results. Petrolifera will also spud its first exploratory well on its Gobernador Ayala II concession in Argentina.
7:00 PM EST | March 04, 2009
Petrolifera Reports Lower '08 Reserves, Plans to Sell Argentinean Assets
Petrolifera's crude and natural gas liquids reserves decreased 25% to 11.3 million barrels at year end 2008.
7:00 PM EST | March 01, 2009
Petrolifera Drills Ahead at La Pinta Well Onshore Colombia
Petrolifera is making good progress in the drilling of its La Pinta well on the Sierra Nevada I license in the Lower Magdalena Valley onshore Colombia.
7:00 PM EST | February 16, 2009
Petrolifera Spuds La Pinta Well at Colombia's Sierra Nevada Concession
Petrolifera spudded its La Pinta 1 well on its 100%-owned Sierra Nevada Concession in the Lower Magdalena Basin onshore Colombia. The company has also provided an operational update.
7:00 PM EST | January 25, 2009
Petrolifera Names New VP of Exploration, New Ventures
Petrolifera announced the appointment of Dr. Robert N. Erlich to the position of Vice President, Exploration and New Ventures with the Company.
8:00 PM EST | September 30, 2008
Petrolifera Secures Drilling Rig for Colombia, Peru Operations
Petrolifera signed a LOI with Petrex S.A whereby Petrex has agreed to provide a heli-transportable drilling rig for a 24-month period from commencement of well operations in Colombia with an option for a further 12-month period.
8:00 PM EST | August 10, 2008
Brownstone Says Vaca Mahuida Seismic Program Almost Complete
Brownstone reports that approximately 70% of the 1,150 km2 3D seismic acquisition has been completed and that the full acquisition program will be completed by late June on the Vaca Mahuida block in Argentina.
8:00 PM EST | June 02, 2008
Petrolifera Cases Puesto Morales Este X-1001 Well
Petrolifera Petroleum Limited has drilled, logged and cased the PME X-1001 well on its recently-acquired Puesto Morales Este Concession located in the province of Rio Negro in the Neuquen Basin, onshore Argentina.
7:00 PM EST | February 27, 2008
Petrolifera: Uncontacted Tribe Unaffected by Seismic Work
Petrolifera Petroleum reported that its seismic program on Block 107 in the Ucayali Basin, onshore Peru, is not "infringing on reclusive members of the Cacataibo tribe … of the region," contrary to recent press coverage.
7:00 PM EST | February 19, 2008
Petrolifera Secures Puesto Morales Este Concession in Argentina
The PME Concession covers an area of 12.8 square kilometers (3,163 acres or approximately five sections) and is situated east of and is contiguous with the southeastern portion of the company's Puesto Morales Block in the Neuquén Basin, Argentina.
7:00 PM EST | February 19, 2008
Petrolifera Confirms Activation of Puesto Morales North Waterflood
Petrolifera Petroleum Limited confirmed that its waterflood pressure maintenance project at Puesto Morales North in the Neuquen Basin, Rio Negro Province, onshore Argentina commenced continuous operations on January 11, 2008.
7:00 PM EST | January 15, 2008
Petrolifera Updates Operations in Argentina, Colombia and Peru
Petrolifera Petroleum Limited had a productive if somewhat challenging year in 2007.
7:00 PM EST | January 13, 2008
Petrolifera Makes Discovery at Sierras Blancas
Petrolifera says that the PMN 1038 well on the Puesto Morales Concession in the Neuquén Basin, Argentina has recently tested light gravity crude oil at a rate of approximately 1,500 bbl/d from the Sierras Blancas Formation.
7:00 PM EST | December 03, 2007
Petrolifera to Remain in Argentina
Petrolifera clarifies ongoing activities in the Province of Rio Negro and La Pampa, Agentina in reference to an erroneous report in the media that the company is withdrawing from Argentina.
7:00 PM EST | November 19, 2007
Petrolifera Makes Discovery at Sierras Blancas in Argentina
Petrolifera has made a Sierras Blancas natural gas discovery on its Puesto Morales Concession in the Neuquen Basin, Argentina.
7:00 PM EST | November 18, 2007
Petrolifera Restores Sales Growth in 3Q 2007
Petrolifera reports its sales growth was restored during the third quarter of 2007.
7:00 PM EST | November 06, 2007
Petrolifera Drilling Update
Petrolifera reports on numerous drilling activities throughout Argentina.
8:00 PM EST | October 21, 2007
Petrolifera Signs TEA for Sierra Nevada 2
Petrolifera Petroleum has signed the Sierra Nevada 2 Technical Evaluation Agreement ("SN2 TEA") with ANH, the government agency of Colombia that handles the negotiations for oil and gas exploration contracts.
8:00 PM EST | September 19, 2007
Petrolifera Completes Additional Wells on Rinconada Block
Petrolifera says that daily crude oil production is currently at 8,600 bbl/d with a further volume of approximately 600 bbl/d shut in due to testing or workovers underway at five separate wells on the two blocks in the Neuquén Basin, Argentina.
8:00 PM EST | September 12, 2007
Petrolifera Establishes Credit Facility with Standard Bank
Petrolifera Petroleum says that the Company has established and closed a three-year US$100 million revolving credit facility, to be provided by Standard Bank.
8:00 PM EST | September 05, 2007
Rio Negro Opens Economic Offers in 3rd E&P Round
Government officials in Argentina's Rio Negro province have opened economic offers in the province's third hydrocarbons round, the provincial government said in a statement.
8:00 PM EST | August 26, 2007
Petrolifera Provides Drilling and Testing Update
Petrolifera reported that the Puesto Morales Block light gravity crude oil flowed on test at a calculated rate of 2,000 bbl/d though an 18-millimeter choke.
8:00 PM EST | August 14, 2007
Petrolifera Set to Boost Puesto Morales Output
Petrolifera Petroleum Limited on Thursday announced test results for its RN.PM a-1061 well on the central lobe of the Puesto Morales North field in the Neuquen Basin, Argentina.
8:00 PM EST | August 09, 2007
Petrolifera Continues Excellent Financial and Operating Results for 2007
Petrolifera Petroleum continued to achieve excellent year over year financial and operating results in the First Half of 2007, despite difficulties in achieving objectives previously established for the second quarter 2007.
8:00 PM EST | August 07, 2007
Petrolifera Provides Drilling Results Update
Petrolifera Petroleum announced the results of a number of recently drilled wells on its 100 percent-owned Puesto Morales/Rinconada Concession onshore the Neuquen Basin, Argentina.
8:00 PM EST | July 26, 2007