Tuesday, February 26, 2008

PetroFalcon Begins Natural Gas Deliveries From Cumarebo

PetroFalcon Corporation, a publicly-traded natural resource company with oil and gas operations in Venezuela, announced that its 40%-owned joint venture, PetroCumarebo, S.A., resumed natural gas deliveries from the Cumarebo Field in the East Falcon Block. PetroCumarebo is now delivering an additional 10 million cubic feet of natural gas per day ('mmcf/d') and 150 barrels of oil per day ('bbls/d'), or 1,816 barrels of oil equivalent per day ('boe/d'), from the Cumarebo Field. PDVSA's Interconexion Centro Occidente ('ICO') pipeline transports the natural gas to the nearby Paraguana Refinery Complex.

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