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Another blockbuster operating quarter for Pacific Rubiales

Thursday, November 8th, 2012 Category: Company News
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Another blockbuster operating quarter for Pacific Rubiales

CEO Ronald Pantin was giving almost real time production measurements during the 3Q12 conference call to show that the company’s quarterly results were not only sustained in the fourth quarter but getting stronger. Production, revenue, EBITDA and cash flow were all up in 3Q12 year-over-year, showing Pacific Rubiales strong operating performance. In particular, oil and gas production was up over 5% sequentially in Colombia while production for the industry as a whole was down 1%.

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