QUIFA area in COLOMBIA
PRE got recently the environmental permits for QUIFA in Colombia.
QUIFA is an area with high hydrocarbns potential according to PRE.
https://finance.yahoo.com/news/pacific-rubiales-receives-environmental-permits-100000194.html
PRE has been a repeated customer of TID (Tuscany International Drilling).
As a shareholder of TID, I expect this win-win cooperation to continue. PRE has done several significant oil discoveries primarily in Colombia thanks to TID's rigs.
I also believe TID is the most undervalued company of the oilfield sector currently. glta