Road Blockades Prompt Cubiro Production Halt
BOGOTA -- Canada-based PetroMagdalena Energy Corp (PMD.V, ALNGD) said protesters forced it to halt oil production of about 3,700 barrels a day at a block in eastern Colombia.
"On the morning of April 19, 2012, small groups of people began illegally blocking roads on the Cubiro Block," the company said. "These persons are not employees or contractors of PetroMagdalena or associated in any way with the company. The blockades and the actions of those involved have resulted in a lack of public order which impacts PetroMagdalena's operations in the area."
The Cubiro block, located in the remote state of Casanare, is the same block hit by protests in early March that also had an impact on production schedules.
It wasn't clear what the latest protests were related to, but in the recent past communities in
PetroMagdalena said it has evacuated all nonessential personnel from the Cubiro block for safety. PetroMagdalena used to be Alange Energy Corp. but changed its name in July 2011.