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//PACIFIC RUBIALES
LNG Floating Storage Unit (CNW Group/Pacific Rubiales Energy Corp.)
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Pacific Exploration & Production Gets An Extension To Looming Minimum Liquidity Deadline

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the company and its lenders have agreed to extend the Liquidity Deadline to February 4, 2016, “or such later date as the company and its lenders shall agree.” This comes after the oil company...
Posted On January 21, 2016
, By Loren Moss
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Pacific Exploration & Production To Miss Interest Payments Due Tomorrow (January 19)

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced on Thursday that it has elected to utilize the 30 day grace period pursuant to the indentures governing its 5.625% notes due January 19, 2025, and its 5.375% notes due...
Posted On January 18, 2016
, By Loren Moss
Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Banks Grant Pacific Exploration & Production Temporary Covenant Relief, Fitch Downgrades Credit

Last week, Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, announced that it has obtained an extension of the waivers previously granted by its lenders in respect of the Net Worth Covenant that requires the company to...
Posted On January 4, 2016
, By Loren Moss
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Pacific Exploration & Production Subsidiary Debuts Puerto Bahia Cargo Port in Cartagena

Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC), formerly known as Pacific Rubiales, has announced the start of operations of Puerto Bahía port facilities in Cartagena, Colombia. The multimodal terminal officially started liquid and general bulk transport...
Posted On September 13, 2015
, By Loren Moss
Photo credit: Loren Moss
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Colombia’s Economy Slowing, But Corporate Credit Quality Not At Risk

Based on statistics available through March of 2015, Colombia’s industrial sector has experienced a negative annualized growth rate through the previous four quarters, led downward by the petroleum sector. This has resulted in decreased tax revenues for municipal and state...
Posted On August 29, 2015
, By Loren Moss
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Breaking News: Pacific Rubiales Changes Name To Pacific Exploration & Production Company

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced today that it is changing its corporate name to Pacific Exploration and Production Corporation. The name change comes after an acquisition by Alfa S.A.B. and Harbour Energy, Ltd. failed, and the company continues to...
Posted On August 14, 2015
, By Loren Moss
Oil Pump Courtesy Kobiecanka - Pixabay
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Pacific Rubiales Acquisition is Dead: ALFA and Harbour Request Termination of Agreement

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) today announced that, at the request of ALFA, S.A.B. de C.V and Harbour Energy Ltd. it has terminated the arrangement agreement for a takeover of Pacific Rubiales that was agreed to on May 20, 2015. The purchase price of $6.50...
Posted On July 8, 2015
, By Loren Moss
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Statement: Alfa and Harbour Energy Comment on Pacific Rubiales Tender – Say They Won’t Budge A Single Peso

ALFA, S.A.B. de C.V. (“ALFA”) and Harbour Energy Ltd. (“Harbour Energy”) today commented on their proposed acquisition of Pacific Rubiales Energy Corp. (TSX – PRE) (BVC – PREC) (“Pacific Rubiales” or the “Company”). This is a...
Posted On June 28, 2015
, By Loren Moss
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Pacific Rubiales To Release Results And Hold Conference Call, Appoints New Investor Relations Head

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced Thursday that its first quarter 2015 results will be released before market opening next month, on Thursday, May 14, 2015 followed by a conference call and webcast for investors and analysts at  9am Eastern Time....
Posted On April 19, 2015
, By Loren Moss
Photo courtesy lalabell68 - Pixabay
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Pacific Rubiales Energy Delists From Brazil’s BOVESPA Exchange

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) announced last week that it has received approval from the Brazilian Securities Commission and the Brazilian Stock Exchange (BM&FBOVESPA – Bolsa de Valores, Mercadorias e Futuros), effective immediately, for the...
Posted On March 22, 2015
, By Loren Moss
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