July 3 (Reuters) - PentaNova Energy Corp PNO.V :
* PENTANOVA ENERGY PROVIDES AN UPDATE ON LLANCANELO ASSET
* PENTANOVA ENERGY - IN RELATION TO FARM-IN AGREEMENT, ALIANZA NOT BEEN ABLE TO SATISFY CERTAIN CONDITIONS PRECEDENT, BEFORE LONGSTOP DATE OF JUNE 22
* PENTANOVA ENERGY CORP - CURRENTLY HOLDING DISCUSSIONS WITH YPF IN ORDER TO FIND A SOLUTION TO RETAIN 39% WORKING INTEREST IN LLANCANCELO JV
* PENTANOVA ENERGY CORP - HAS BEEN ATTEMPTING TO NEGOTIATE A PAYMENT PLAN FOR CASH CALL BALANCES WITH YPF WITHOUT SUCCESS TO DATE