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Petrolifera Petroleum



Petrolifera Petroleum Ltd.
Public (PDP)
FoundedCalgary, Alberta
HeadquartersCalgary, Alberta
Key peopleRichard A. (Dick) Gusella, Chairman, Gary Wine, President
IndustryOil and Gasoline
ProductsOil & gas exploration and production
Revenue$2.864 million CAN (2005)
Websitewww.petrolifera.ca

Petrolifera Petroleum Limited (TSX: PDP), headquartered in Calgary, Alberta is a 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.

Corporate governance

Current members of the board of directors of Petrolifera Petroleum Limited are: Richard A. (Dick) Gusella, Gary D. Wine, Donald D. Barkwell, Colin M. Evans, Gerrit T. Maureau, Stewart D. McGregor, and Christopher Smith.

See also

  • Oil
  • Gas
  • Oil well
  • Drilling
  • OPEC
  • List of oil-producing statesCompanies established in 1975
 
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Petrolifera_Petroleum". A list of authors is available in Wikipedia.
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