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ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Bullboard Posts
Comment by Automationguyon Apr 05, 2012 8:19am
256 Views
Post# 19761975

RE: Canaccord price target adjustment

RE: Canaccord price target adjustment

Azabache Energy (TSX: V.AZA, Stock Forum) shares fell 8% to 60 cents on volume of more than 1.9 million shares Wednesday after the oil and gas explorer reported that it has been contacted by the Province of Neuquén in Argentina and informed that the province has mandated relinquishment of the company's interest in the Covunco Norte Block. The provincial government has indicated it has taken this position because it perceives there has been insufficient investment activity on the Block, while the company believes it has undertaken more than the minimum requirements and is attempting to schedule meetings early next week with provincial representatives to hopefully resolve the issue.

Bullboard Posts