Oil and Gas

Petrominerales Ltd. (TSX:PMG) announced that the Cobra-2 well is producing over 5,000 barrels of oil per day.

Petrominerales Ltd. (TSX:PMG) announced that the Cobra-2 well is producing over 5,000 barrels of oil per day.

As quoted in the press release:

The Cobra-2 well is located on our Corcel Block and was drilled to target by-passed pay in the Guadalupe formation encountered in the original discovery well. With the production additions from Cobra-2, total Company production is currently over 39,000 bopd.

Click here to read the Petrominerales Ltd. (TSX:PMG) press release.

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