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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd > Bond Holders
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Comment by deismanon Jun 21, 2013 3:30am
167 Views
Post# 21553013

RE: RE: Re: Bond Holders

RE: RE: Re: Bond Holders

while adequately completing the previously announced sale of its pipeline assets in Colombia

I must have missed that previous anouncement.  Does anyone have a date on that anouncement?

I would hate to see them sell it for so little as it seems to benefit them greatly:

•OCENSA pipeline transportation rights reduces transportation costs by $80 million annually
•OCENSA ownership position provides annual dividend of up to $30 million

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