Post Tagged with: "Colombia"
Colombia’s Ecopetrol to increase exploratory wells, roll over debt due in 2020
BOGOTA – Colombia’s state-run oil company Ecopetrol ECO.CN will look to increase the number of exploratory wells it has planned through 2022 to up to 45 in a bid to further bolster reserves, company executives said on Wednesday.
Ecopetrol …
Chevron sells its natural gas assets in Colombia
California oil major Chevron has entered into a deal to sell its natural gas assets in the South American nation of Colombia.
In a statement released Tuesday afternoon, Chevron confirmed the sale of its stake in a joint …
Oxy Earnings Dip 25%; Anadarko Megadeal Likely to Close Aug. 8
Occidental Petroleum reported a $635 million quarterly profit that dipped 25 percent from the year prior, but the focus still remains on Oxy’s $38 billion acquisition of Anadarko Petroleum that could close in August.
Houston-based Oxy …
Occidental Petroleum Profit Falls on Low Gas Prices, Derivative Contracts
From Reuters
Occidental Petroleum Corp, which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% fall in core profit on Wednesday, as higher crude prices and volumes were offset by adjustments to …
GeoPark Q2 2019 Operational Update
GeoPark Announces Second Quarter 2019 Operational Update
…Shell Sells 40 Percent of Colombian Offshore Blocs to Noble Energy
From Reuters
Shell has sold 40 percent of its participation in two offshore oil exploration contracts in Colombia to Noble Energy, which will also operate the blocs, the government said on Tuesday.
Colombia recently modified contractual terms for offshore exploration …
Ecopetrol to Spend $500 Million on Unconventionals Over Three Years: CEO
From Reuters
Colombia’s state-run oil company Ecopetrol SA is looking to spend $500 million in exploring unconventional deposits over the next three years, its chief executive said on Tuesday, starting with pilot programs in the Magdalena Medio region.
“We’ve applied …
Canacol Energy Operations Update and Disposal of Colombian Oil Assets
Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to provide the following exploration, gas and oil sales, and Corporate update.
Breva 1 Gas Exploration Well
VIM 21 Exploration and Production Contract
CNE Oil and Gas S.A.S, …
GeoPark Issues Operational Update
GeoPark Limited (ticker: GPRK), an independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Brazil, Argentina, Chile and Peru, issued an operational update.
GeoPark’s 2018 work program and budget is $100-$110 million. …
Gran Tierra Energy Plans 27% Production Growth
Gran Tierra Energy Inc. (ticker: GTE) has released its 2018 capital budget and production guidance.
Highlights
- 2018 average production of 36,500 to 38,500 BOEPD, representing growth of 20 to 27% over 2017 year to date average production
- 2018 capital budget
Exclusive Video Interview with Gran Tierra Energy President & CEO Gary Guidry
Gran Tierra Energy: reinvesting cash flow in exploration: we’re trying to drill 30-40 exploration wells in the next 3-4 years
At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with …
GeoPark Ltd. – Day Two Breakout Notes
GeoPark presents at EnerCom’s The Oil & Gas Conference®
During GeoPark’s breakout session, management was asked the following questions:
- What is the expectation for Brazil to open up their onshore assets?
- Have core samples been extracted from your Llanos 34