PetroNova Discovers New Oil at its Pendare 1 Exploratory Well

PetroNova Inc. (TSXV:PNA) has discovered new oil at its Pendare 1 exploratory well in Colombia’s Llanos Basin.

As quoted in the press release:

The Pendare 1 well reached a total depth of 3,265 feet on June 26, 2012 without incident. Mud log, electric logs and sidewall cores confirmed the presence of a well-developed top basal Carbonera sand unit with a 39 foot (gross) oil column.

Click here to read the PetroNova Inc. (TSXV:PNA) press release.