Americas Petrogas: New Daily Production Record of 2830 bopd

Americas Petrogas (TSXV:BOE) reported a new daily production record of 2830 bopd at Medanito Sur and Rinconada Norte.

As quoted in the press release:

This oil production record is the result of the Company’s ongoing drilling program in Medanito Sur. After receiving its 25-year exploitation licence in March 2012 on Medanito Sur, Americas Petrogas intensified its drilling program.

Americas Petrogas’s President and CEO, Mr. Barclay Hambrook said:

The Company has made positive progress and significant production growth. This growth enhances the Company’s Funds flow from Operations(1) and Reserves, which will add to our ability to further both our shale oil and gas exploration, and our conventional operations.

Click here to read the Americas Petrogas (TSXV:BOE) press release.