Vinccler Oil and Gas Company News

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ANH Pre-qualifies Companies for Ronda Caribe
Colombia's state hydrocarbons regulator ANH has distributed a list of pre-qualified operators for the upcoming Ronda Caribe round for 13 E&P blocks in northern Colombia.
8:00 PM EST | August 27, 2007
PetroCumarebo Eyes 2,500b/d, 566,000m3/d by Year-End
PetroCumarebo will be producing 2,500b/d of oil and 20Mf3/d (566,000m3/d) of gas by year-end, a Vinccler official said.
8:00 PM EST | May 23, 2007
Vinccler in Talks to Secure La Vela License
Vinccler is in talks with the energy and oil ministry (MEP) to obtain a gas license for the La Vela offshore block, Vinccler's CFO Garrett Soden told BNamericas.
8:00 PM EST | May 23, 2007
PetroFalcon Reports Successful La Vela Test
PetroFalcon Corp. said that its 40%-owned joint venture, PetroCumarebo, successfully tested the LV-12 development well at a rate of 5 million cubic feet of natural gas per day ("mmcf/d").
8:00 PM EST | March 20, 2007
Chevron & Vinccler Team Up in the Gulf of Venezuela
Chevron and Vinccler Oil and Gas signed a Heads of Terms agreement whereby Vinccler will acquire a 30 percent working interest from Chevron in the offshore natural gas license for the Cardon III Block.
7:00 PM EST | February 25, 2007
Venezuela to Resume Offshore E&P Gas Licensing
Venezuela's government will resume the Delta Caribe offshore natural gas E&P licensing process this year, awarding some blocks in 2007, PDVSA Gas president Felix Rodriguez told BNamericas.
7:00 PM EST | January 24, 2007
Vinccler Confirms Oil, Gas Reservoirs in LV-12
Vinccler Oil and Gas, C.A., the wholly owned subsidiary of PetroFalcon Corporation (TSX:PFC), announced Tuesday that its 40%-owned joint venture, PetroCumarebo, S.A., confirmed the presence of multiple oil and gas reservoirs with the LV-12 well.
7:00 PM EST | January 15, 2007
Vinccler Could Publish LV-12 Well Results End-January
Vinccler Oil and Gas, a subsidiary of Canada's PetroFalcon, aims to publish results from the LV-12 well in Venezuela at the end of January, a Vinccler official told BNamericas.
7:00 PM EST | January 07, 2007
PetroFalcon Names Cottman and Soden to New Posts
PetroFalcon Corporation, a publicly traded natural resource company with oil and gas operations in Venezuela, announced the appointment of Clarence Cottman, the Corporation's previous Chief Financial Officer, as Vice Chairman.
7:00 PM EST | December 26, 2006
IFC to Convert Vinccler Loan into PFC Shares
The International Finance Corporation will convert the US$4mn remaining from an outstanding loan to Vinccler Oil & Gas into common shares of Vinccler's parent company, Canada's PetroFalcon, Vinccler said in a statement.
7:00 PM EST | December 14, 2006
Vinccler, CVP in Talks for Agua Salada Block
Vinccler Oil and Gas is in talks with Venezuelan state oil company PDVSA subsidiary CVP for the inland Agua Salada block, Vinccler financial manager Garret Soden told BNamericas.
7:00 PM EST | December 03, 2006
CVP, Teikoku, Vinccler Ink E&P JV Contracts
CVP, a subsidiary of Venezuela's state oil company PDVSA, has signed contracts with Japan's Teikoku and local firm Vinccler to establish E&P JVs Petroguarico and Petrocumarebo respectively.
8:00 PM EST | October 05, 2006
Vinccler-PDVSA JV Delivers Gas from Cumarebo
Vinccler Oil and Gas, C.A., a unit of PetroFalcon Corp., said that its joint venture with PDVSA has commenced natural gas deliveries from the Cumarebo Field into PDVSA's Interconnection Centro Occidente natural gas pipeline.
8:00 PM EST | August 07, 2006
Tax Authority: Repsol, Vinccler, CGC Owe Back Taxes
Venezuela's tax authority Seniat has for the second year in a row notified three foreign oil companies it objects to the amount they pay in taxes to perform E&P.
8:00 PM EST | August 01, 2006
PDVSA Okays Vinccler E&P Budget, Drilling to Start August
Venezuelan state oil firm PDVSA has approved the US$40.7mn exploration and production budget for its oil and gas joint venture with Vinccler in Falcon state, western Venezuela.
8:00 PM EST | May 18, 2006
Vinccler Receives US$7.4mn Refund for Gas Block
Vinccler Oil and Gas, the Venezuelan unit of Canadian oil company PetroFalcon, has received a full refund of the US$7.39mn bid bond it paid to the energy and oil ministry for an exploration license on the Castilletes Noreste 2 block.
8:00 PM EST | April 24, 2006
Vinccler Oil and Gas Acquires West Falcon Unit in Western Venezuela
Vinccler Oil and Gas has completed the acquisition of a subsidiary from Samson International and now owns West Falcon Samson Hydrocarbons, S.R.L. which owns 100% of the West Falcon Operating Service Agreement in Venezuela.
7:00 PM EST | March 21, 2006
Border Dispute Behind Withdrawal of Vinccler License
A border dispute between Colombia and Venezuela could have motivated the withdrawal by Venezuela's energy and oil ministry of an offshore natural gas exploration license awarded to Vinccler Oil & Gas.
7:00 PM EST | February 08, 2006
Ministry Delays PetroFalcon E&P License, Refunds US$7.38mn Bid
Vinccler Oil and Gas, the Venezuelan unit of Canadian oil company PetroFalcon has signed an agreement with the energy and oil ministry not to seek damages resulting from the postponement of exploration on the Castilletes Noreste 2 block.
7:00 PM EST | February 02, 2006
Seniat Collects US$126mn in Back Taxes So Far
Venezuela's Seniat tax authority has collected a total 270bn bolivares (US$126mn) in back taxes from oil firms for the 2001-2004 period as part of a probe into companies that held oilfield operating contracts with state oil giant PDVSA.
7:00 PM EST | January 17, 2006
Three Offshore Licenses to be Handed Over in January
Venezuela's energy and oil ministry will formally hand over three offshore exploration and production licenses in January, an official from one of the companies that won a license told BNamericas.
7:00 PM EST | December 26, 2005
Petrobras Awaits Ministry Decision to Sign E&P Contract
Petrobras has not been given a date by Venezuela's energy and oil ministry to sign a contract for a new exploration and production license it was awarded in November, Petrobras' country manager for Venezuela, Gerson Faria Fernandes, told BNamericas.
7:00 PM EST | December 14, 2005
Ministry Awards 3 E&P Licenses in Rafael Urdaneta Phase B
Venezuela's energy and oil ministry has awarded three exploration and production licenses for three offshore blocks in phase B of the Rafael Urdaneta tender in western Venezuela.
7:00 PM EST | November 15, 2005
PetroFalcon Completes LV-10 Well in La Vela Field
PetroFalcon's subsidiary, Vinccler Oil and Gas, C.A., has completed the LV-10 well in the southern part of the La Vela Field.
8:00 PM EST | June 08, 2005
Vinccler Oil & Gas Begins Operations on East Falcon Block
PetroFalcon subsidiary, Vinccler Oil and Gas, has commenced drilling on the East Falcon Block in northwestern Venezuela on the LV-9 well in the La Vela field utilizing Pride International's 1200 horsepower rig # 528.
7:00 PM EST | January 19, 2005
Vinccler Clinches Gas Sales Deal with PDVSA
The wholly owned Venezuelan subsidiary of Canadian oil company PetroFalcon, Vinccler Oil and Gas, has reached an agreement with state oil giant PDVSA for the sale of gas from its East Falcon block in northwestern Venezuela
7:00 PM EST | December 01, 2004
Vinccler Re-Enters Cumarebo Field Well in Venezuela
Vinccler Oil and Gas Corporation has completed the re-entry of the CU-155 well located in the Cumarebo Field, Falcon State, Venezuela.
8:00 PM EST | June 19, 2003