TORONTO, March 18, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today the release of its audited consolidated financial results for the full year and quarter ended December 31, 2014, together with its Management Discussion and Analysis ("MD&A"), Annual Information Form ("AIF") including Form NI51-101 F1 - Statement of Reserves Data and Other Oil and Gas Information for [...]
TORONTO, March 13, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) and Ecopetrol, S.A. (NYSE: EC) (BVC: ECOPETROL) (TSX: ECP) ("Ecopetrol") announced today that they have agreed not to extend the Rubiales and Pirirí Field Association Contracts, expiring in June 2016. Ecopetrol will evaluate different alternatives for the operation of the Rubiales Field. Meanwhile, Pacific Rubiales will [...]
TORONTO, March 3, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided an operational update for its fourth quarter 2014 operating results, which includes estimates of production and sales volumes, price realizations, and operating netbacks, summarized as follows: 4Q 2014 (Estimated) 3Q 2014 (Actual) ...
TORONTO, Feb. 18, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today announced that its fourth quarter and year-end 2014 results will be released before market open on Wednesday, March 18, 2015 followed by a conference call and webcast for investors and analysts at 8:00 a.m. (Bogotá time), 9:00 a.m. (Toronto time) and 10:00 a.m. (Rio de Janeiro time). Participants will include Ronald [...]
TORONTO, Feb. 11, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today announced the results from the Kangaroo-2 appraisal well sidetracks drilled in the shallow offshore, Santos Basin, Brazil. The Kangaroo-2 appraisal well drilled in exploration Block S-M-1165, confirmed a 250 meter (820 foot) gross, 135 meter (443 foot) net oil column intersection in Paleocene and Maastrichtian aged [...]
TORONTO, Jan. 14, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided a revision to the Company's 2015 capital budget guidance, reducing capital expenditures from $1.5 billion to a range of $1.1 to $1.3 billion, reflecting a WTI oil price assumption range of $55 to $60. All amount values in this release are in U.S.$ and all production numbers are expressed in net after royalty [...]
TORONTO, Jan. 6, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided an update on oil flow test results in the Kangaroo-2 appraisal well, located in the shallow offshore, Santos Basin, Brazil. The Kangaroo-2 appraisal well is located in exploration Block S-M-1165 and confirmed an 820 foot gross (442 foot net) oil column in Paleocene and Maastrichtian aged reservoirs, announced [...]
TORONTO, Dec. 23, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) provided today an exploration update highlighted by initial test results in the Kangaroo-2 appraisal well, located in the shallow offshore, Santos Basin, Brazil. The Kangaroo-2 appraisal well was drilled in Block S-M-1165, approximately 300 meters (943 feet) up-dip from the Kangaroo-1 discovery well, and confirms a 820 foot [...]
TORONTO, Dec. 17, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has executed definitive agreements with the International Financial Corporation ("IFC"), a member of the World Bank Group, the IFC Global Infrastructure Fund ("GIF" managed by the IFC Asset Management Company LLC) and a consortium of investors, whereby it has agreed to sell approximately 43% of its [...]
TORONTO, Dec. 4, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce its full year operational outlook and guidance for 2015. All amount values in this release are in U.S.$ and all production numbers are expressed in net after royalty volumes, unless otherwise stated. Please note that as previously disclosed, a conference call for investors and analysts is scheduled [...]
TORONTO, Dec. 3, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has entered into an agreement in principle (the "Agreement") with Alfa S.A.B. de C.V (MXN: ALFAA) ("ALFA") in connection with the formation of a joint venture company in Mexico on a 50/50 basis (the "Joint Venture"). The Joint Venture will also allow for: (i) the joint study of, and bidding on [...]
TORONTO, Dec. 3, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) has scheduled a conference call for investors and analysts on Thursday December 4, 2014 at 8:00 a.m. (Bogotá and Toronto time) and 11:00 a.m. (Rio de Janeiro time) to discuss the Company's 2015 Outlook and Guidance. Participants will include Ronald Pantin, Chief Executive Officer, José Francisco Arata, President, Carlos [...]