Pacific Rubiales Energy Corp. rose the most in five years after Mexico's Alfa SAB said it's considering an offer to buy more shares in the Colombian oil producer after months of speculation about a possible takeover.
Growing investor concerns over the southerly direction of crude prices - with West Texas Intermediate hitting its lowest point in months coupled with the seasonal winter price slump - are creating investment opportunities in the patch.
Pacific Rubiales Energy Corp. signed an agreement with Petroleos Mexicanos to study oil and natural gas ventures as Mexico opens up its energy industries to private investment for the first time in 76 years.
TORONTO, Jan. 14, 2015 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) today provided a revision to the Company's 2015 capital budget guidance, reducing capital expenditures from $1.5 billion to a range of $1.1 to $1.3 ...
Only Calgary-based Gran Tierra Energy Corp. had lower risk exposure. All other Canadian-listed, South American-focused companies covered in the report were considered riskier, including Petrominerales Ltd.
(Bloomberg) -- Pacific Rubiales Energy Corp.'s bonds fell to a record low on concern that the drop in oil prices may lead to a breach in covenants that would restrict the crude producer's ability to take on debt and bolster investments.
TORONTO, Dec. 17, 2014 /CNW/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has executed definitive agreements with the International Financial Corporation ("IFC"), a member of the World Bank ...