Extracts from a Press Release by GeoPark: GeoPark Holdings Limited (“GeoPark” or the “Company”), the Latin American oil and gas exploration and production company operating in Chile, Colombia and Argentina (AIM:GPK) is pleased to announce the completion of its second acquisition in Colombia this year with the purchase of Hupecol Cuerva LLC (“Hupecol”), a privately-held company with two exploration and production blocks in Colombia, for a total consideration of US$75 million cash, adjusted for working capital.
No doubt helped by a good dry season, stood at 4,060 as of the end of February 2012. If this rhythm is maintained, the country should finish at over 24,500 kilometers, 2% better than 2011 but still below the peak of 25,213 kilometers in 2010.
Colombia reached a new record for wells drilled in 2011 so it is no surprise that utilization was high in November when companies were in the final push to finish year-end goals.
March 13, 2012 From Estrella International Press Release “Buenos Aires, Argentina, February 23, 2012 – Estrella International Energy Services Ltd. (the “Company” or “Estrella”) (TSX-V: EEN),
March 13, 2012 Extracts from a Sintana Energy Inc. press release Sintana Energy Inc. has entered into a definitive agreement dated as of March 12, 2012, providing for a business combination of the two companies.