PentaNova has agreed to farmout a 40% stake to Panacol in the SinÃº 9 block, 1,270 sq km in the Lower Magdalena, for USD 22.29 MM Â + funding Pentanovaâs phase 1 commitments. Once completed the deal will result in AOG (op) 50%, Panacol 40%, Pentanova 10%.
PentaNova has agreed to farmout a 40% stake to Panacol in the SinÃº 9 block, 1,270 sq km in the Lower Magdalena, for USD 22.29 MM  + funding Pentanovaâs phase 1 commitments. Once completed the deal will result in AOG (op) 50%, Panacol 40%, Pentanova 10%.