SRN's Production Has ResumedSo now you know why we had that delay which does not change one single thing about PTA's fundamental position and gross undervaluation.
" Production from the Suroriente Block that was previously halted on July 13, 2014 (refer to the Company's August 19, 2014 press release) due to regional community blockades, has resumed. "
" Petroamerica's cash position as at August 31, 2014 was US$64 million and based on capex and cash flow projections for the remainder of the year, the Company expects to exit 2014 with a cash balance of over US$60 million."