ADVFN - Advanced Financial Network.
HOME» AMEX » G » GTE Stock Price » GTE Stock News

Globetel Comms Share News

 Gran Tierra Energy, Stock Price
GTE Stock Price
 Gran Tierra Energy, Stock Chart
GTE Stock Chart
 Gran Tierra Energy, Stock News
GTE Stock News
 Gran Tierra Energy, Company Information
GTE Company Information
 Gran Tierra Energy, Stock Trades
GTE Stock Trades

Americas Petrogas Finds Conventional Oil In Argentina

By Taos Turner OF DOW JONES NEWSWIRES BUENOS AIRES -(Dow Jones)- Canada's Americas Petrogas Inc. (APEOF, BOE.V) said Monday it has discovered sweet light crude oil in the province of Neuquen in southern Argentina. The company found 1,023 barrels of oil equivalent in the first of three exploration wells it is working on in the Rinconada Norte block in the Neuquen Basin. The conventional oil was discovered in a joint venture with Gran Tierra Energy Inc. (GTE.T, GTE), Americas Petrogas said in a statement. Gran Tierra has a 35% participation in the project while the remainder belongs to Americas Petrogas. "We are very excited about this new find on the first well of this three-well exploratory drilling program because of the strong production rates and possibility of significant commercial reserves. We are also optimistic about the prospects for the remaining two wells," Guimar Vaca Coca, managing director of Americas Petrogas Argentina, said in a statement. Last month, Americas Petrogas said Exxon Mobil Corp. (XOM) has agreed to invest as much as $76.3 million to jointly explore for unconventional oil and gas in Neuquen. Exxon will invest $53.9 million for exploration and $22.4 million if the companies proceed to the exploitation phase. In exchange, Exxon gets a 45% stake in the project, with Americas Petrogas retaining 45% and the provincial oil and gas company, Gas y Petroleo del Neuquen, 10%. Americas Petrogas shares traded on the Toronto Stock Exchange were up almost 3.9% at $1.88 Canadian dollars ($1.88), but still down from their 52-week high of C$2.99. -By Taos Turner, Dow Jones Newswires; 5411-4103-6728;

Stock News for Globetel Comms (GTE)
03/22/201716:39:03Statement of Changes in Beneficial Ownership (4)
03/20/201717:28:36Additional Proxy Soliciting Materials (definitive) (defa14a)
03/20/201717:15:48Proxy Statement (definitive) (def 14a)
03/14/201717:42:50Statement of Changes in Beneficial Ownership (4)
03/02/201716:02:48Statement of Changes in Beneficial Ownership (4)
03/01/201706:17:18Annual Report (10-k)
03/01/201706:16:40Current Report Filing (8-k)
02/15/201707:09:08Current Report Filing (8-k)
02/06/201717:30:57Current Report Filing (8-k)
01/23/201709:50:18Current Report Filing (8-k)
12/22/201617:17:13Statement of Changes in Beneficial Ownership (4)
12/22/201617:15:51Statement of Changes in Beneficial Ownership (4)
12/21/201616:43:53Statement of Changes in Beneficial Ownership (4)
12/20/201617:24:49Statement of Changes in Beneficial Ownership (4)
12/01/201616:14:32Statement of Changes in Beneficial Ownership (4)
11/29/201618:05:03Statement of Changes in Beneficial Ownership (4)
11/29/201618:02:05Statement of Changes in Beneficial Ownership (4)
11/29/201617:59:07Statement of Changes in Beneficial Ownership (4)
11/28/201616:33:18Current Report Filing (8-k)
11/23/201616:14:42Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)

Globetel Comms and other American Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations