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Pacific Rubiales posts 2014 losses despite revenue increase

Thursday, March 19th, 2015 Category: Company News
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Pacific Rubiales posts 2014 losses despite revenue increase

Pacific Rubiales (TSX: PRE) reported net losses amounting to US$1.3B in 2014 (impacted by an asset impairment charge), suspending its dividend as the fall in oil prices left a significant mark on the company’s financial results.

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