Pacific Rubiales Enters Onshore Block

Pacific Rubiales Enters Onshore Block

Colombia M&A

Pacific Rubiales has agreed to acquire 40% of the onshore Portofino exploration block in Colombia from Petromont, and co-operator status with Canacol Energy, for up to $72.2m. In the deal, Rubiales is to pay $23.5m cash to Petromont, and finance cert

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