09:49 AM EST - Alange Energy Corp. : announced today that it has entered into a sales agreement with Arcadia Petroleum Limited and Colombiana de Distribucion y Servicio CI S.A, for the direct export of its total operated volume through what the Company is calling the "Cartagena Oil Export Platform". This platform is based on two three-year contracts, the first with Transporte Sanchez Polo S.A. for trucking oil from the Llanos in Casanare directly to Cartagena, and a second one with Codis that ensures adequate storage capacity in the Contecar Terminal in Cartagena. The operational kickoff of the platform took place three weeks ago with daily trucking of oil from the Cubiro Block. Currently, more than 100,000 barrels are stored in Contecar ready to be shipped to the international market. Alange Energy Corp.
shares V.ALE are trading even at $0.66.
