Martin Ortiz's Contact Details

Martin Ortiz's Company Details

Americas Petrogas Inc

Calgary, Alberta, Canada • 24 Employees
Oil & Energy

AMERICAS PETROGAS / GROWMAX is an international company operating oil & gas assets in Argentina and phosphates exploration blocks in PeruStock Exchange BOE - TSX VentureTotal Shares O/S 232 Million (256 Million Fully Diluted)Insiders 57 Million (24%)*Share Price $0.205 (As of October 30, 2015)Market Capitalization $48 MillionWorking Capital (mainly Cash) (approximate) $60 Million and no debtARGENTINA 5 Non-Conventional shale gas and oil blocks (Loma Ranqueles; Totoral, Yerba Buena and Bajada Colorada; Huacalera) and two conventional gas & oil blocks (Rinconada Norte and Vaca Mahuida) (total approximately 1,293,000 gross acres; 801,000 net acres)**PERU Phosphate, Potash and Other Minerals exploration blocks near existing mining operations (total approximately 227,000 gross acres; 147,800 net acres to GrowMax)*Shares of Americas Petrogas held by Mr. Ken Geren, a director of the Company, are included. Mr. Geren is a portfolio manager at Point72Asset Management, L.P., which, with affiliates, beneficially owns securities of Americas Petrogas which are not reported herein.**The Company is seeking an extension of its commitments/obligations on the Loma Ranqueles and the Totoral, Yerba Buena and Bajada Colorada blocks, and is working towards a modification of its commitments on the Huacalera Block. The Company is awaiting the award of an Exploitation Concession on the Vaca Mahuida block.