Petroamerica Oil Corp. (fka PTAXF)

[MrInvestor2014]

Petroamerica Provides Rationale Why its Arrangement Transaction is a Superior Alternative for Suroco Shareholders than the Vetra Offer

Petroamerica has an established history of deal-making and
delivering reserves and production growth that has resulted in
substantial value creation for its shareholders - Petroamerica
has grown its net production from 155 boepd average in Q1 2012
to 6,478 boepd average in Q1 2014. Petroamerica has also
increased working interest proved plus probable reserves from
3.0 million barrels of oil equivalent ("boe") as at December
31, 2011 to 4.9 million boe as at December 31, 2013.
Petroamerica's share price has appreciated more than 230% from
the beginning of 2012 to the close of trading as of June 10,
2014 as a result of the production and reserve growth
Petroamerica has delivered.

http://www.otcmarkets.com/stock/PTAXF/news