Petroamerica Oil Corp. is a Canada-based company, together with its subsidiaries, engaged in hydrocarbon exploration, production and development activities in Colombia. The Company has interests in Llanos Basin Blocks and Putumayo Basin Blocks, located in Colombia. Petroamerica has interests in 12 blocks in Colombia, totaling over 1 million gross acres. The Company's Six of the blocks Los Ocarros, Balay, El Porton, El Eden, LLA-19 and Suroriente contain oil discoveries or producing fields. The Company has Spudded the Langur-1x well on the LLA-19 Block. The Company produced approximately 2.3 million barrels of oil equivalent (boe), of which 2.0 million boe were produced from the Company's Llanos assets, and 0.3 million boe were produced from the Putumayo assets.