Pacific Says STAR Technology Doubled Oil Recovery Rate in Tests

Pacific Rubiales announces preliminary independent evaluation of STAR pilot project in Colombia´s Quifa SW field in press release. * “At least a potential doubling the recovery factor can be achieved by STAR,´´ CEO Ronald Pantin says in press release * Co. planning full commercial roll-out of STAR in Quifa SW in 2014 * NOTE: STAR works by heating oil/water mix in reserve

Before it's here, it's on the Bloomberg Terminal.