Company


Pacific Rubiales provides 2014 outlook & guidance and operational update

In 2014 targeting 15 to 25% production growth, E&D capital expenditures of $2.5 billion, progression to development at the CPE-6 and Rio Ariari Blocks and a significant high impact exploration program. Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today its operational outlook and capital expenditure plans for 2014 and an operational update for 2013. Pacific Rubiales expects to release its year-end 2013 audited results on March 13, 2014. All values in this release are in U.S.$ unless otherwise stated. 2014 OUTLOOK HIGHLIGHTS: Targeting average net production of approximately 148 to 162 Mboe/d, an increase of 15 […]


U.S Capital says it’s G.O.B. who made the rules to EIA Consultation engagement

Originally posted on News5 The environmental community has come out in full support of the Maya Leaders Alliance and the Toledo Alcaldes Association because of what they believe is a botched consultation in Sundaywood village. The meeting last week Thursday should have been to educate the public and respond to their concerns regarding U.S. Capital Energy’s desire to drill in the national park and communal land. The company’s P.R. consultant told News Five that they had no control over the function of the meeting. Niall Gillett told News Five via phone that the government itself set the requirements.   Via […]