Petrominerales Ltd. (PMG) - Oil & Gas - Deals and Alliances Profile

 Published On: Nov, 2014 |    No of Pages: 60 |  Published By: GlobalData | Format: PDF
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Summary

Petrominerales Ltd. (Petrominerales) is an international oil and gas company operating in Latin America. The company undertakes oil and gas exploration and production in Colombia, Peru and Brazil. Petrominerales is one of the largest exploration land holders with 14 exploration contracts spread across three hydrocarbon basins. The company's asset base is grouped into six distinct focus areas, namely, Deep Llanos Basin, Colombia; Heavy Oil; Central Llanos Basin, Colombia; Low-Risk Development Assets with Enhanced Recovery Potential; Peru; and Brazil. It has eight commercial oil production basins in Colombia including the Upper, Middle, and Lower Magdalena Valley; Llanos; Putumayo; Catatumbo; Eastern Cordillera and the Guajira basins. Petrominerales is headquartered in Calgary, Alberta, Canada.

Petrominerales intends to expand its asset portfolio in Brazil. To this end, the company acquired a 75% interest in Alvopetro, which has three mature fields and seven exploration blocks in the Reconcavo Basin, onshore Brazil.

Petrominerales Ltd. (PMG) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents

Table of Contents 2
List of Tables 4
List of Figures 5
Petrominerales Ltd., Oil & Gas, Deals By Year, 2008 to YTD 2014 5
Petrominerales Ltd., Oil & Gas Deals By Type, 2008 to YTD 2014 7
Petrominerales Ltd., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Petrominerales Ltd., Oil & Gas, Deals By Sector, 2008 to YTD 2014 9
Petrominerales Ltd., Oil & Gas, Deals Summary, 2008 to YTD 2014 10
Petrominerales Ltd., Oil & Gas, Deal Details 11
Asset Purchase 11
Petrominerales Completes Acquisition Of Remaining 25% Stake In Brazilian Assets From Alvopetro For US$9 Million 11
Petrominerales Completes Acquisition Of 50% Interest In Canaguaro Block In Colombia For US$12 Million 12
Petrominerales Completes Acquisition Of Additional 25% Interest In Block 126 From Veraz Petroleum 14
Petrominerales Acquires 55% Interest In Peru's Block 126 15
Partnerships 16
Ecopetrol Forms Joint Venture With Six Partners To Construct A Pipeline In Columbia 16
Equity Offering 18
InterOil Exploration Completes Private Placement For US$54.3 Million 18
Debt Offering 20
Petrominerales Completes Private Placement Of 3.25% Convertible Bonds Due 2017 For US$400 Million 20
InterOil Exploration & Production Completes Private Placement Of Senior Secured Bonds Due 2011 For US$49.6 Million 21
Petrominerales Completes Private Placement Of US$550 Million 22
Asset Transactions 24
Gran Tierra Energy Acquires 70% Interest In Blocks REC-T-129, 142, 155 And 224 From Alvorada 24
Acquisition 25
Pacific Rubiales Energy Completes Acquisition Of Petrominerales, Oil And Gas Company, For US$1.55 Billion 25
Petrominerales Completes Acquisition Of 75% Interest In Alvopetro, Oil And Gas Company, For US$36.9 Million 28
Petrominerales Completes Acquisition Of Veraz Petroleum Peru From Veraz Petroleum For US$5 Million 29
Petrominerales Acquires 5% Interest In Oleoducto Central 31
Petrominerales Acquires Pan Andean Resources 33
Petrominerales Ltd. - Key Competitors 34
Key Employees 35
Locations And Subsidiaries 36
Head Office 36
Other Locations & Subsidiaries 36
Recent Developments 38
License Rounds 38
May 17, 2013: Petrominerales Awarded Three Blocks in the 11th Bid Round in Brazil 38
Drilling and Production Updates 39
Aug 11, 2013: Petrominerales' Taya-1 Well Tests 5,218 Bopd 39
Financial Announcements 40
Nov 14, 2013: Petrominerales Reports Third Quarter Financials and Provides Operational Update 40
Sep 17, 2013: Petrominerales Confirms Third Quarter Dividend 42
Sep 17, 2013: Petrominerales Confirms Third Quarter Dividend 43
Jul 31, 2013: Petrominerales Reports Second Quarter Financials and Provides Operational Update Highlighted by Production Increase to 23,975 bopd 44
Jun 17, 2013: Petrominerales Confirms Second Quarter Dividend 47
Jun 06, 2013: Petrominerales Announces Share Dividend Program 48
Mar 15, 2013: Petrominerales Confirms First Quarter Dividend 49
Mar 06, 2013: Petrominerales Reports Revenue Of US$1 billion In 2012 50
Other Significant Developments 51
Nov 28, 2013: Petrominerales Announces Shareholder and Court Approval of Arrangement 51
Oct 21, 2013: Petrominerales Provides Operational Update 52
Jun 18, 2013: Petrominerales Curito-1 Well Tests Over 5,900 bd; Provides Operations Update 54
May 09, 2013: Petrominerales Reports First Quarter Financials and Provides Operational Update Highlighted by Our Taya Oil Discovery 56
Jan 24, 2013: Petrominerales Appoints John Koch As COO 59
Appendix 60
Methodology 60
About GlobalData 60
Contact Us 60
Disclaimer 60

List of Tables

Petrominerales Ltd., Oil & Gas, Key Facts, 2012 1
Petrominerales Ltd., Oil & Gas, Deals Summary, 2008 to YTD 2014 1
Petrominerales Ltd., Oil & Gas, Deals By Year, 2008 to YTD 2014 6
Petrominerales Ltd., Oil & Gas Deals By Type, 2008 to YTD 2014 7
Petrominerales Ltd., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Petrominerales Ltd., Deals By Sector, 2008 to YTD 2014 9
Petrominerales Ltd., Oil & Gas, Deals Summary, 2008 to YTD 2014 10
Petrominerales Completes Acquisition Of Remaining 25% Stake In Brazilian Assets From Alvopetro For US$9 Million 11
Petrominerales Completes Acquisition Of 50% Interest In Canaguaro Block In Colombia For US$12 Million 12
Petrominerales Completes Acquisition Of Additional 25% Interest In Block 126 From Veraz Petroleum 14
Petrominerales Acquires 55% Interest In Peru's Block 126 15
Ecopetrol Forms Joint Venture With Six Partners To Construct A Pipeline In Columbia 16
InterOil Exploration Completes Private Placement For US$54.3 Million 18
Petrominerales Completes Private Placement Of 3.25% Convertible Bonds Due 2017 For US$400 Million 20
InterOil Exploration & Production Completes Private Placement Of Senior Secured Bonds Due 2011 For US$49.6 Million 21
Petrominerales Completes Private Placement Of US$550 Million 22
Gran Tierra Energy Acquires 70% Interest In Blocks REC-T-129, 142, 155 And 224 From Alvorada 24
Pacific Rubiales Energy Completes Acquisition Of Petrominerales, Oil And Gas Company, For US$1.55 Billion 25
Petrominerales Completes Acquisition Of 75% Interest In Alvopetro, Oil And Gas Company, For US$36.9 Million 28
Petrominerales Completes Acquisition Of Veraz Petroleum Peru From Veraz Petroleum For US$5 Million 29
Petrominerales Acquires 5% Interest In Oleoducto Central 31
Petrominerales Acquires Pan Andean Resources 33
Petrominerales Ltd., Key Competitors 34
Petrominerales Ltd., Key Employees 35
Petrominerales Ltd., Other Locations 36
Petrominerales Ltd., Subsidiaries 36

List of Figures

Petrominerales Ltd., Oil & Gas, Deals by Type, 2008 to YTD 2014 1
Petrominerales Ltd., Oil & Gas, Deals By Year, 2008 to YTD 2014 1
Petrominerales Ltd., Oil & Gas, Deals By Region, 2008 to YTD 2014 1
Petrominerales Ltd., Oil & Gas, Deals By Sector, 2008 to YTD 2014 1
Petrominerales Ltd., Oil & Gas, Deals By Year, 2008 to YTD 2014 6
Petrominerales Ltd., Oil & Gas, Deals by Type, 2008 to YTD 2014 7
Petrominerales Ltd., Oil & Gas, Deals By Region, 2008 to YTD 2014 8
Petrominerales Ltd., Oil & Gas, Deals by Sector, 2008 to YTD 2014 9


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