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.
March 23, 2012 RCNRadio.com reports that Glencore is being audited for alleged legal maneuvers to reduce royalties paid for the extraction of coal.
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.
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