PentaNova Energy Corp

12:15 PM EST - PentaNova Energy Corp : Announced the signing of the SN-9 Farm Out Agreement with Panacol Oil & Gas, a wholly owned subsidiary of LATAM Oil & Gas. Under the terms of the Agreement, Panacol will fully fund the Company's commitments during the first phase of the SN-9 Exploration and Production Contract for the amount of $22.29 million U.S., which will give Panacol the right to earn up to a 40% economic beneficial interest in the SN-9 Block from the Company's 80% economic beneficial interest. PentaNova Energy Corp
shares V.PNO are trading up $0.05 at $0.10.