03:41 PM EST - Petrominerales Ltd. : provided an operational update highlighted by its Yatay-1 exploration well producing 10,440 barrels of 43 degree API light oil per day ("bopd") under natural flow. The Yatay-1 well, on the Guatiquia Block, commenced drilling on November 19, 2010 and was directionally drilled to a total depth of 12,000 feet. Well logs indicate 114 feet of potential net oil pay in the Lower Sand-3 formation, and 17 feet of potential net oil pay in the Guadalupe formation. Petrominerales Ltd.
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