Running LM Dry...Production now below 3634 boepd, as expected. No wells, maybe 1 at best for all of 2015?! Running LM field dry!!!! The company could very 'well' be bankrupt by mid-2016 with only 11 Million Cash on hand for drilling activities (Tautaco-1). The restricted cash is just that, restricted, they don't have access to it for OPEX or CAPEX.
All other Columbian oil producers up today, PTA down, what does that say?! It says dead-money.