consolidation in Colombian plays heating up. Along with FARC peace talks entering new active phase in Cuba this is the best indirect news for CNE for some time.  52% premium paid for spin out company NEWCO.  Check it out: 

 

http://www.menafn.com/menafn/e670db61-69c2-4d3e-a335-d803bb74d1d8/Pacific-Rubiales-Agrees-to-Acquire-CC-Energia-and-Create-New-Exploration-Company?src=main