02.11.06
Results of 1XD Well Test
Petrolatina Energy Plc (“PetroLatina” or the “Company”) an independent oil and gas exploration, development and production company, focused on Latin America and with operations in Colombia and Guatemala, announces the following update on its Guatemalan operations.
Well 1XD encountered four potentially hydrocarbon bearing zones, the deepest of which was perforated and tested in October 2006. As previously stated, operations in Guatemala have proven extremely difficult and the 1XD test results reflect this with the well not producing at commercial levels as a result of an apparent lack of energy in the reservoir.
Given this result, the Company is suspending the well, whilst it carries out further detailed geological studies on the Las Casas structure within the 6-93 licence.
The Company owned service rig will now move to the A7-2005 licence to carry out a work over of Atzam 2, which was originally drilled in 1993. This work over is expected to be completed in November 2006.
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19.04.07 Directors Shareholding
In accordance with Chapter 5 of the Financial Services Authority's Disclosure and Transparency Rules, the Company was informed on 19 April 2007 that Gregory Smith, a Director of the Company, is interested in 2,000,001 ordinary...
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23.03.07 Holding(s) in Company
The Company was informed on 20 March 2007 that Artemis Investment Management Limited is interested in 9,000,000 ordinary shares in the capital of the Company, representing 7.89 per cent of the entire issued ordinary share capital...
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22.03.07 BoardChange
PetroLatina Energy Plc (AIM: PELE), an independent oil and gas
exploration, development and production company focused on
Latin America and currently producing 450 barrels of oil per
day, announces the following board...
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21.03.07 Holding(s) in Company
The Company was informed on 20 March 2007 that RAB Special Situations (Master) Fund Ltd is interested in 22,989,602 ordinary shares in the capital of the Company, representing 20.17 per cent of the entire issued ordinary share...
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13.03.07 Holding(s) in Company
The Company was informed on 12 March 2007 that Credit Suisse Securities (Europe) Limited is interested in 5,283,400 ordinary shares in the capital of the Company, representing 4.63 per cent of the entire issued ordinary share...
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12.03.07 APPOINTMENT OF CHIEF EXECUTIVE OFFICER
PetroLatina Energy Plc (PetroLatina or the Company) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to announce the appointment of Rudolph Berends as Chief...
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06.03.07 RESULTS OF TECHNICAL DATA ANALYSIS OF SERAFIN GAS WELL
Petrolatina Energy Plc (PetroLatina or the Company) an independent oil and gas exploration, development and production company, focused on Latin America, is pleased to provide the following technical data on Serafin well #1...
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26.02.07 Holding(s) in Company
The Company was informed today that FMR Corp (FMR) no longer has a notifiable interest in the share capital of the Company....
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26.02.07 Information required as per Schedule 2 (g) of the AIM Rules
Further to announcement made on 1 February 2007, the Company wishes to disclose the following information in relation to the appointment to the board of the Company of Mark Allan Patterson, as required by AIM Rule 17 with...
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20.02.07 Holding(s) in Company
In accordance with Rule 17 of the AIM Rules and section 198 of the Companies Act, the Company was informed that RAB Capital, acting as investment manager for RAB Special Situations (Masters) Fund Limited, currently holds...
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