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PentaNova Energy Assigned Operatorship of Colombia Gas Property
PentaNova Energy Assigned Operatorship of Colombia Gas Property Canada NewsWire ...
About this update from Ng Energy International Corp
[{"type":"text","content":"\n\n\n\nPentaNova Energy Assigned Operatorship of Colombia Gas Property\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 2, 2018\n\n\n\nVANCOUVER, March 2, 2018 /CNW/ - PentaNova Energy Corp. (the \"Company\") (TSXV: PNO), which has acquired strategically located assets in Colombia and Argentina, is pleased to announce that the Colombian National Hydrocarbon´s Agency, (ANH), has assigned operatorship of the Maria Conchita gas block to MKMS Enerji Anonim Sirketi, (\"MKMS\") a fully owned subsidiary of PentaNova Energy. \n\nPentaNova has recently spud the Istanbul-1 well on the Maria Conchita block and the Company expects the well to reach total depth in approximately 20 days.  \n\nAbout PentaNova\n\nPentaNova is investing in proven leadership and technology to develop oil and natural gas fields it has acquired in areas surrounding some of the key energy producing areas in Colombia and Argentina. With decades of proven experience in Latin America and global energy development, PentaNova's leadership is working with local partners and service providers, including YPF, Argentina's respected energy producer, to deliver the energy for Latin America's future.\n\nForward-Looking Information\n\nExcept for the statements of historical fact, this news release contains \"forward-looking information\" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. The information in this news release about the completion of the operations described herein, and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms of such transaction.\n\nFactors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, risks related to the Company's inability to perform the proposed operations.\n\nThe forward-looking information in t...