Petroamerica Provides an Update on the Las Maracas-4 Well Results Production, Shares At Yr High

Petroamerica Oil Corp. (PTA.V) shares are currently trading at 19.5 cents, a yr high. The shares have climbed more than 18% today. The companyyesterday announced preliminary results of its Las Maracas-4 welldrilled on the Los Ocarros Block in the Llanos Basin of Colombia.The well was spud on July 30, 2012 and has reached total depth withelectrical logs indicating more than 65 feet of prospective