Gulf United Energy Acquires 40% Participation Interest in Block SSJN-5

Gulf United Energy, Inc. (OTCBB:GLFE) reported that it has acquired 40% participation interest in Block SSJN-5 in northwest Colombia.

As quoted in the press release:

The partners are currently drilling the Cañaguate-1 well on the block, which was spudded late July 2012.

Gulf United Energy’s Chief Executive Officer, John Connally said:

We are very excited about both expanding our inventory of prospects in Colombia and continuing our partnership with SK.

Click here to read the Gulf United Energy, Inc. (OTCBB:GLFE) press release.