GREY:PMGLF - Post by User
Post by
iaminvestoron Nov 29, 2012 4:06pm
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Post# 20662626
LLANOS BASIN
LLANOS BASIN PMG has not been lucky as it has drilled some dry holes but things can change overnight.
Apco Oil and Gas (ticker: APAGF) has some good drilling results in Llanos Basin lately as this article from SeekingALpha notes ...however the author is negative about Argentina where APAGF also operates
https://seekingalpha.com/article/1004271-overlooked-oil-weighted-companies-of-the-canadian-oil-patch-part-2
Maybe PMG could acquire the assets of APAGF in Colombia.....They have oil and the acreage is small...so the price is cheap....