Petroamerica Oil are pleased to announce that, in connection with Petroamerica's offer to acquire all of the issued and outstanding common shares of Suroco for consideration of an increased value equal to $0.80 per Suroco Share, Suroco has decided to waive the currently scheduled proxy cut-off time of 10 a.m. on Monday, June 23, 2014 and accept [...]
Suroco Energy and Petroamerica Oil are pleased to announce that Petroamerica has increased its offer to acquire all of the issued and outstanding common shares of Suroco to a value of $0.80 per Suroco Share. The Revised Petroamerica Offer also entitles holders of Suroco Shares to elect to receive common shares in Petroamerica, a combination of cash [...]
CALGARY, June 11, 2014 /CNW/ - Petroamerica Oil Corp. ("Petroamerica") (TSX-V:PTA) has now reviewed the terms of the unsolicited cash offer (the "Vetra Offer") from Vetra Acquisition Ltd., a wholly owned subsidiary of VETRA Holding S.a.r.l. (collectively "Vetra") to acquire the issued and outstanding common shares of Suroco Energy Inc. (the [...]
CALGARY, June 10, 2014 /CNW/ - Petroamerica Oil Corp. ("Petroamerica") (TSX-V:PTA) acknowledges that it is aware of the June 9, 2014 press release of an affiliate of VETRA Holding S.a.r.l. ("Vetra") wherein Vetra announced an offer to acquire the issued and outstanding common shares of Suroco Energy Inc. ("Suroco") for $0.60 per share payable in [...]
CALGARY, May 29, 2014 /CNW/ - Petroamerica Oil Corp. (TSX-V: PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia, is pleased to announce the financial and operating results for the three months ended March 31, 2014. Copies of the Company's Management Discussion and Analysis and Financial Statements have been [...]
CALGARY, May 20, 2014 /CNW/ - Petroamerica Oil Corp. (TSX-V:PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce that it has entered into a definitive agreement, subject to the approval of the National Hydrocarbon Agency of Colombia (the "ANH"), with Pacific Stratus Energy Colombia [...]
Petroamerica Oil is pleased to announce that it has entered into an arrangement agreement with Suroco Energy whereby Petroamerica has agreed to acquire all of the issued and outstanding common shares of Suroco by way of a statutory plan of arrangement under the Business Corporations Act (Alberta). Pursuant to the terms of the Arrangement Agreement [...]
CALGARY, April 28, 2014 /CNW/ - Petroamerica Oil Corp. (TSX-V: PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia, is pleased to announce the financial and operating results for the three and twelve months ended December 31, 2013, the results of its 2013 year-end independent reserves evaluation and provide [...]
CALGARY, March 24, 2014 /CNW/ - Petroamerica Oil Corp., (TSX-V: PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia, today announced that the TSX Venture Exchange (the "Exchange") has accepted its notice to make a normal course issuer bid ("NCIB") to purchase outstanding Petroamerica common shares ("Common [...]
CALGARY, March 6, 2014 /CNW/ - Petroamerica Oil Corp. (TSX-V:PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce a farm out of its El Porton Block and provide an operations update for its drilling and production activities in Colombia (note: all financial amounts are shown in United [...]
CALGARY, Jan. 20, 2014 /CNW/ - Petroamerica Oil Corp. (TSXV: PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce that the La Guira-2 appraisal well, located on the Los Ocarros Block, has been cased for testing. After the La Guira-2 appraisal well reached its target depth of 12,600 [...]
CALGARY, Jan. 9, 2014 /CNW/ - Petroamerica Oil Corp. (TSX-V:PTA) ("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce two new oil discoveries, present its expected 2014 production and capital expenditure guidance, and provide an operations update for ongoing activities in Colombia (note: all [...]