Petrolia: The Hydrogeological Study on the Haldimand Sector Shows That Oil Drilling Activities Can Be Done Without Negatively Affecting the Drinking Water for the City of Gaspe
QUEBEC CITY, QUEBEC--(Marketwired - May 26, 2014) - Pétrolia (TSX VENTURE:PEA) is pleased to announce the findings of the hydrogeological characterization study on the Haldimand sector conducted by the Institut national de la recherche scientifique - Centre Eau Terre Environnement (INRS-ETE). The purpose of the study was to have independent experts examine the risk of groundwater quality degradation linked to oil and gas exploration and extraction. The study showed that Pétrolia's activities at Haldimand have had no impact on the quality of water samples in the area, and confirmed that the risk of drinking water contamination is low and can be mitigated by the use of standard measures. The study also showed that the proposed drilling of the Haldimand 4 well already meets the requirements set out in the draft Regulation respecting water usage and protection released by the Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques on May 15, 2013.
- Published: 26 May 2014
- Written by Editor
Large Drillable Target Identified on Alaskan 3D Seismic
Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV:PMI.V - News) today provided an update on the drilling of the Molisht-1 well onshore Albania. The well is located on Blocks 2-3, in which the Company holds a 25% working interest and is the operator with Shell holding the remaining 75% interest.
CALGARY, May 20, 2014 - Petroamerica Oil Corp. (TSX-V:PTA.V ) ("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 Corp. ("PSE"), a wholly owned subsidiary of Pacific Rubiales Energy Corp. (TSX:PRE.TO ), to acquire a 50% working interest ("WI") in the Llanos-19 Block ("LLA-19"), excluding the Tormento Field where PSE will retain its 100% WI. This farm-in constitutes a key strategic acquisition for Petroamerica, targeting light oil in highly prospective low-side fault closures in the Company's core producing area. The LLA-19 block is strategically situated with respect to Petroamerica's existing Llanos Basin blocks, bordering the Los Ocarros Block (50% WI) which contains the Las Maracas Field, the El Eden Block (40% WI) containing the La Casona and Rumi oil discoveries, and the El Porton Block (50% WI in the exploration area and 25% WI in the Curiara oil discovery).
