Heavy Earth Resources, Inc. (HEVI) Secures Additional Key Positions in Colombia and Offers an Update on Operations
Today, Heavy Earth Resources, an oil and gas E&P focused on underexplored regions, such as the hydrocarbon basins in Central/South America, reported that the company has acquired the sole, issued share of a Colombia-focused company based in Barbados, also offering an update on extant operations (includes a withdrawal/transfer agreement and seismic program). HEVI made the acquisition via a purchase and sale agreement through Heavy Earth’s Deep Core, Inc. subsidiary, for the sole issued share of Petro Vista Energy Colombia (Barbados) Corp., whose operations include a working interest in the Lower Magdalena Valley Basin, La Maye E&P Contract. In addition HEVI,…