Petrominerales Ltd. (Petrominerales) is an exploration and production company in Latin American. The company is actively engaged in the exploration, development and production of crude oil through its wholly owned subsidiary Petrominerales Colombia Ltd (PCL). Petrominerales has an incremental production contracts (IPCs) in two fields in Southwestern Colombia. The company’s current production is resulting from its two IPCs, at Orito in Southern Colombia’s Putumayo Basin, and at Neiva in the Upper Magdalena Valley basin, in partnership with Ecopetrol. In 2008 the company’s production averaged 10,967 bopd.

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