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Promotora Agrícola de los Llanos #44604
Created at
2022-12-09
Last update
2022-12-09
2 Parents (Involvements as child)
ID
Name
Major International Oil SA.
Country of registration/origin
Panama
Classification
Private company
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
according to source 3, "The oil company [Pacific Rubiales] incorporated two new companies as subordinates. They are Agro Cascada S.A.S. and Promotora Agrícola de los Llanos (...) Both companies had as sole shareholder the Panamanian company Major International Oil S.A., whose shares, in turn, are wholly owned by Pacific Rubiales since 2007, when both companies signed an agreement to exploit oil in the department of Arauca.
Draft
ID
Name
pacific Rubiales
Country of registration/origin
Canada
Relationship
Parent company
Investment type
Shares/Equity
Comment
According to source 8, Pacific is of Canadian origin, registered in 2003 in the Toronto Stock Exchange by Venezuelan businessmen. "In its last report on subordinated companies, Pacific Rubiales Energy reported the registration in the Bogota Chamber of Commerce of the company Agro Cascada, for wastewater treatment, and Promotora Agrícola de los Llanos, to promote livestock production in lands near Campo Rubiales."
according to source 3, "The oil company incorporated two new companies as subordinates. They are Agro Cascada S.A.S. and Promotora Agrícola de los Llanos (...) Both companies had as their sole shareholder the Panamanian company Major International Oil S.A., whose shares, in turn, are wholly owned by Pacific Rubiales since 2007, when both companies signed an agreement to exploit oil in the department of Arauca. The relationship of subordination of both companies with Pacific Rubiales was
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Colombia
Current intention of investment
Biomass for biofuels
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
3 500 ha