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Industry Center - Oil & Gas Drilling & Exploration
Industry Center > Oil & Gas Drilling & Exploration > Pacific Rubiales Energy Corp. Company Profile
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Pacific Rubiales Energy Corp. Company Profile
Pacific Rubiales Energy has found a home in Colombia as a producer of heavy crude oil. The company is focused on the exploration, development and production of heavy crude oil in Colombia's Llanos Basin. It is also involved in refining and coal mining. In 2007 Consolidated AGX Resources completed the acquisition of Rubiales Holdings and subsequently changed its name to Petro Rubiales Energy Corp. In 2008 the company merged with Pacific Stratus Energy Ltd to become Pacific Rubiales Energy Corp. It subsequently acquired Colombia-based Kappa Energy Holdings. In 2011 it formed a strategic alliance with Maurel et Prom. In 2012 and 2013 it acquired PetroMagdalena Energy and Petrominerales, respectively, both of which have assets in Colombia.
Headlines for Pacific Rubiales Energy Corp.
Pacific Rubiales to explore possible projects with Mexico's state oil company
- Fri Oct 17
Colombia to launch world's first floating gas liquefaction plant
- Tue 12:46 pm ET
Most actively traded companies on the TSX
- Mon Oct 20
Contact Information
Address: 220 Bay St., Ste. 1400
Toronto, Ontario M5J 2W4, Canada
Phone:416-362-7735
Fax:416-360-7783
Financial Highlights
Fiscal Year End:December
Revenue (2013):4626.90 M
Revenue Growth (1 yr):19.10%
Employees (2013):2,624
Employee Growth (1 yr):20.60%
Key People
Executive Co-Chairman: Serafino Iacono
Chief Executive Officer, Director, Co-Founder of Pacific Rub: Ronald Pantin
President; Non-Independent Director: Jose Francisco Arata
Industry Information
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Top Competitors
Exxon Mobil Corporation (xom)
HKN, Inc.
Range Resources Corporation (rrc)
 


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