Oilman, found this on Santa Maria site and paste my post on...

Oilman, found this on Santa Maria site and paste my post on another site, for your info.
As you can see , they are strapped for cash so have sold their stake outright.

" Apologies if posted before - been tied up and missed stuff on here, but spotted this on the Santa Maria site. , formerly Quetzal.

" On November 12, 2013 the Company sold its 10% overriding interests in two wells on its former Guatemalan properties for $70,000 to the current operator of those properties. The first well, Atzam-4, has been drilled and is currently producing at approximately 140 bopd. Drilling of the second well, Atzam-5, is schedule to be spud by year end."

http://smpetroleum.com/news/index.php

Sounds like they have been strapped for cash to fund their obligations in Colombia, as quick look at link will show. Good for our [ RRS ] 20% of LAR. "

Follow your posts from the UK

Sanch