Markets

Americas Petrogas Hits Yr Highs On Heavy Trade; No Apparent Fresh News

Americas Petrogas (BOE.V) is up 4 cents at $4.18 and has touched a new year high of $4.29 with close to 3 million shares traded.

Last week it announced details of a $50 Million bought deal financing. It also announced that its Los Toldos Este vertical well has reached total depth of approximately 3,250 meters. Americas Petrogas has conventional and unconventional (shale and tight sands) oil and gas interests in numerous blocks in the Neuquen Basin of Argentina. Americas Petrogas has joint venture partners, including ExxonMobil, Apache and Gran Tierra Energy, on various blocks in Argentina.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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