Americas Petrogas Inc. (TSX-V: BOE) has start oil production from its Medanito Sur operation in the Neuquen basin, Argentina. The company put the 3 drilling and completed wells into production. The initial production is around 450-475 barrels per day of sweet crude oil.
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The start of production allows the company to begin crude oil sales, representing the beginning of a long-term test of the wells to evaluate their performance and to formulate development plans for Medanito Sur.
Americas Petrogas Inc ("API" or Toronto Stock Exchange symbol "BOE") is a Canadian based natural resources company currently focused on business opportunities in Latin America. We are growing our oil and gas exploration and production in Argentina and, with GrowMax Agri Corp. ("GrowMax") we are developing a potash fertilizer plant in Peru.
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