Investor #44604Version 24361Version 29113
Comment
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 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 partnership with Promotora Agrícola de los Llanos will promote the association with local companies to promote the production, commercialization and transformation of agricultural (mainly African palm) and livestock products in the lands that Major International Oil has in the Eastern Plains".

Data source #Z8cjk5c-

File
Type
Media report
Url
Keep PDF not public
No
Publication title
Frontera Energy
Date
2025-07-17
Name
Wikipedia
Comment on data source
Último acceso a la página web 2025-07-17

Involvement #QQW2U_9s

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.
En 2017, Pacific Rubiales quebró y se transformó en Frontera Energy, conservando sus principales activos en Colombia y Perú.
Investment type
Shares/Equity
Parent relation
Subsidiary of parent company
Investor

Involvement #lbgwP13s

Role
Parent company
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
Investment type
Shares/Equity
Investor