Pacific Rubiales Adds in Colombia

Nov 20, 2012

Pacific Rubiales has agreed to acquire Toronto-listed oil and gas company C&C Energia, which gives it four development blocks in Colombia’s Llanos basin, near Pacific Rubiales’ existing operations, Pacific Rubiales says. In the deal, whose total value is not indicated, C&C shareholders receive Pacific Rubiales shares,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management