The setbacks were offset, however, by the incorporation of production from assets of Petrominerales, a fellow Canadian junior acquired in a merger agreed to last year.

Given that increase Pacific Rubiales said it expects a 16% first-quarter production boost to between 147,000 and 149,000 barrels of oil equivalent per day.

The company said surface water disposal restrictions due to a drought in Colombia, as well as lower-than expected spending on water treatment due to ongoing negotiations with Ecopetrol, had impacted output at the Rubiales field.

Pacific