Petro Vista Energy to Sell Petropuli SAS by Petro Vista Energy Colombia on Jan 16,2012
Petro Vista Energy Corp. (TSXV:PTV) reported that it plans to sell its subsidiary Petropuli SAS by Petro Vista Energy Colombia Corp. on January 16, 2012.
As quoted in the press release:
Further to this transaction, PTV Barbados has entered into an Advance Payment Agreement with the Purchaser of Petropuli, Deep Core Inc., to facilitate an advance of US$800,000 of the Petropuli purchase price to cover outstanding cash calls covering pre-drilling works on its SSJN-5 Block.
Click here to read the Petro Vista Energy Corp. (TSXV:PTV) press release. 
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Mon, Dec 19, 2011
Post by Anne Bagchi, Heavy Oil Researcher