Petrolera del Conosur S.A. announced that it expects to receive ARS 50 million in funding from PDVSA Argentina S.A.

Petrolera del Conosur S.A. (BASE:PSUR) announced a private placement of common shares for gross proceeds of ARS 50,000,000 from existing investor PDVSA Argentina S.A. on December 10, 2018. The transaction is approved by the board of directors of the company.