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Pacific Rubiales Energy Corp.

03:36 PM EST - Pacific Rubiales Energy Corp. : announced today that it has partnered with EXMAR to develop a liquefied natural gas ("LNG") export project in northern Colombia. EXMAR is a Belgian-based diversified shipping group serving the international oil and gas industry. The project involves the construction and development of a liquefaction and regasification barge, a small scale vessel particularly fit for delivering LNG to industrial consumers, and the development of a pipeline from the Company's La Creciente gas field to the Caribbean coast. Pacific Rubiales Energy Corp. shares T.PRE are trading down $0.15 at $25.41.