Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/petroamerica-provides-revised-2014-production-guid.shtmlPetroamerica provides revised 2014 production guidance
Petroamerica Oil Corp. provide an update on production activities in the Putumayo Basin, guidance on the production for 2014 and announce the
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Petroamerica Oil Corp. provide an update on production activities in the Putumayo Basin, guidance on the production for 2014 and announce the issuance of a new and updated corporate presentation.
Production Guidance
Based on current projections for production to the end of 2014, Petroamerica expects to exit the year with a production rate of more than 7,400 barrels oil equivalent per day ("boepd") of working interest production (before royalties). The total combined 2014 annual average production for the Llanos and post-closing Putumayo properties (after the July 15, 2014 closing date of the Suroco Energy Inc. transaction, annualized) is expected to be 6,600 boepd of working interest production (before royalties).
