PROJECT

Projects

Summary of Investment Information

Project Number

32075

Company Name

GRAN TIERRA COLOMBIA INC SUCURSAL

Date SPI Disclosed

Jul 13, 2012

Country

Colombia

Region

Latin America and the Caribbean

Projected Board Date

Aug 16, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Nov 30, 2016

Department

Gbl Infrastructure & Natural Resources

Industry

Metals and Mining

Previous Events

Approved : Aug 30, 2012
Signed : Sep 6, 2012
Invested : Sep 25, 2012

Sector

Oil and Gas Exploration

Project Description

PetroNova Inc., is a small independent oil and gas exploration company with operations in Colombia and listed on the TSX Venture Exchange. The company has interests in five exploration blocks located in the Caguan-Putumayo Basin and the Llanos Basin, namely the PUT-2, the Tinigua, CPO6, CPO7 and CPO13. According to its business plan, the company is carrying on an exploration program that includes acquisition of seismic and drilling of exploration wells. The Project consists of the exploration program for 2012 and first quarter of 2013.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation