Petrolifera Petroleum
This article needs additional citations for verification. (August 2010) |
Former type | Public (TSX: PDP) |
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Industry | Oil and Gasoline |
Fate | Acquired by Gran Tierra Energy |
Founded | Calgary, Alberta |
Defunct | 2011 |
Headquarters | Calgary, Alberta, Canada |
Key people | Richard A. (Dick) Gusella, Chairman, Gary Wine, President |
Products | Oil & gas exploration and production |
Revenue | 12px$2.864 million CAN (2005) |
Website | www.petrolifera.ca |
Petrolifera Petroleum Limited (TSX: PDP), headquartered in Calgary, Alberta was an Canadian oil and gas company engaged in exploration and production activity in South America. Petrolifera’s production base stems from its 100 percent-owned Puesto Morales/Rinconada Concession in the Neuquen Basin, Argentina. In late 2005 and early 2006, several significant light oil discoveries were made on this concession.
Petrolifera was also successful in negotiating two major petroleum and natural gas exploratory licenses covering over five million acres (20,000 km²) in the Marañon and Ucayali Basins of Peru during 2005. These blocks are either on trend with or offset significant petroleum accumulations and are considered to be well-situated from a geological perspective.
Petrolifera is currently 31 percent owned and also managed by Connacher Oil and Gas (TSX: CLL) of Calgary, Alberta.
Petrolifera was acquired by Gran Tierra Energy in 2011.[1]
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