TORONTO, May 27, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) provided today an operations update on the Bilby-1 exploration well, drilling on block S-M-1166, in the Santos Basin, offshore Brazil.The Bilby-1 well was drilled as part of an agreement announced by the Company on September 18, 2012, as a minimum work commitment for five offshore blocks (S-M-1101, S-M-1102, S-M-1037 [...]
TORONTO, May 16, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce today that it has been awarded three blocks in Brazil's 11th Bid Round (the "Bid Round") organized by the Agencia Nacional do Petróleo, Gás Natural e Biocombustíveis of Brazil ("ANP"). The Company participated in the Bid Round through its wholly-owned subsidiary, Pacific Brasil [...]
TORONTO, May 13, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) provided today an update on the oil discovery in the Bilby-1 exploration well, drilling on block S-M-1166, in the Santos Basin, offshore Brazil.The Bilby-1 well was drilled as part of an agreement announced by the Company on September 18, 2012, as a minimum work commitment for five offshore blocks (S-M-1101, S-M-1102 [...]
TORONTO, May 8, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the release of its unaudited consolidated financial results for the quarter ended March 31, 2013, together with its Management Discussion and Analysis ("MD&A"). These documents will be posted on the Company's website at www.pacificrubiales.com, SEDAR at www.sedar.com, the SIMEV website at [...]
TORONTO, May 6, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) confirmed today an oil discovery in the Bilby-1 exploration well, drilling on block S-M-1166, in the Santos Basin, offshore Brazil.The Bilby-1 well was drilled as part of an agreement announced by the Company on September 18, 2012, as a minimum work commitment for five offshore blocks (S-M-1101, S-M-1102, S-M-1037 [...]
TORONTO, April 29, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today that it has filed a Notice of Intention with the Toronto Stock Exchange (the "TSX") to commence a normal course issuer bid. Under the bid, which is subject to acceptance by the TSX, the Company will have the right to purchase up to a maximum of 31,075,887 common shares in the capital of the Company (the [...]
TORONTO, April 29, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) is pleased to announce the closing of the CGX Energy Inc. (TSXV: OYL) ("CGX Energy") private placement financing on April 26, 2013. The Company subscribed for 350 million units ("Units") at a price of Cdn.$0.10 per Unit for an aggregate price of Cdn.$35 million. Each Unit is comprised of one common share in [...]
TORONTO, April 26, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) has scheduled a telephone conference call for investors and analysts on Thursday May 9, 2013 at 8:00 a.m. (Bogotá time), 9:00 a.m. (Toronto time) and 10:00 a.m. (Rio de Janeiro time) to discuss the Company's first quarter results. Participants will include Ronald Pantin, Chief Executive Officer, José Francisco [...]
TORONTO, April 23, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) provided today an update to the March 13, 2013 news release with respect to its arbitration with Ecopetrol, S.A. ("Ecopetrol") regarding the interpretation of the high-prices clause ("PAP") in the Quifa Association Contract.The Company has filed a request for annulment of the arbitration panel's decision with the [...]
TORONTO, April 22, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) has scheduled an Investor and Analyst Open House on Wednesday April 24, 2013 at 8:30 a.m. (Bogotá time), 9:30 a.m. (Toronto time) and 10:30 a.m. (Rio de Janeiro time) to discuss the Company's current activities, operations and outlook. Participants will include Ronald Pantin, Chief Executive Officer, José [...]
TORONTO, April 15, 2013 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) has scheduled an Investor and Analyst Open House on Tuesday April 16, 2013 at 7:30 a.m. (Bogotá time), 8:30 a.m. (Toronto time) and 9:30 a.m (Rio de Janeiro time) to discuss the Company's current activities, operations and outlook. Participants will include Ronald Pantin, Chief Executive Officer, José [...]
Pacific Rubiales announced today the results of an independent resource assessment for certain of the Company's exploration blocks in Colombia, Peru, Brazil, Guyana, Guatemala and Papua New Guinea. The 2012 resource assessment was prepared by Petrotech Engineering with an effective date of September 30, 2012 (the "2012 Resource Report").