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    market news

    PetroNova Shares Rose 13 Percent After Colombia’s Llanos Oil Discovery

    Investing News Network
    Feb. 01, 2012 07:31PM PST
    Oil and Gas Investing

    Reuters Africa reported that PetroNova Inc’s (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia’s Llanos basin.

    Reuters Africa reported that PetroNova Inc’s (TSX:PNA) shares rose 13 percent after it found oil at a well in Colombia’s Llanos basin.

    As quoted in the market news:

    PetroNova has a 20 percent working interest in the CPO-06 block, where the Puerto Gaitan 1 well is located, according to the company’s website. The block is in a heavy crude oil area.

    Click here to read the full Reuters Africa report.

    heavy crude oilmarket news
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