RE:RE:I hopped on the PTA boatNot worth the read from a Petroamerica's standpoint. No references to JV's with PTA other than:
" we expect to commence our 2015 drilling program in March 2015."
I hope they are referring to:
Calatea-1 (El Porton)
Garza-Roja-1 (LLA-10)
If you do some crude math comparing Parex to Petroamerica using just 2 metrics:
BOPD production
Outstanding shares
Petroamerica should be trading at $.26. I know its crude but very telling.