Petro Vista Energy to Sell Petropuli SAS by Petro Vista Energy Colombia on Jan 16,2012
December 19, 2011 @ 5:25 pm In Heavy Oil Company News
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. [1] 
[1]
Article printed from Heavy Oil Investing News: http://heavyoilinvestingnews.com
URL to article: http://heavyoilinvestingnews.com/2849-petro-vista-energy-to-sell-petropuli-sas-by-petro-vista-energy-colombia-on-jan-162012.html
URLs in this post:
[1] Click here to read the Petro Vista Energy Corp. (TSXV:PTV) press release.: http://www.marketwire.com/press-release/petro-vista-sale-of-morichito-block-colombia-and-operational-update-tsx-venture-ptv-1600127.htm