04:50 PM EST - Petro Rubiales Energy Corp. : of Vancouver and Ecopetrol SA plan to build a 230-kilometre pipeline to transport heavy crude oil from the Rubiales and Piriri fields in Colombia. The preliminary cost estimate is US$300 million, with operations to begin in the second half of 2009. Petro Rubiales Energy Corp.
shares T.PEG are trading down 5 cents at $1.40.
