12:01 PM EST - Porto Energy Corp. : announced that it has completed acquisition of more than 1,000 km2 of 3D seismic data over portions of the Cabo Mondego-2 and São Pedro de Muel-2 concessions offshore Portugal using towed streamer arrays. The Company believes it has obtained good quality, analyzable data and expects processing and interpretation to be completed by February 2012. Porto Energy Corp.
shares T.PEC are trading up $0.01 at $0.49.