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GTE 1Q18 results

Tuesday, May 22nd, 2018

On May 1st, Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the quarter ended March 31, 2018. The company reported a record high average quarterly Colombia production and the firm keeps demonstrating ongoing strong financial performance.

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Oil production in April

Oil production in April

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for April 2018. Crude increased compared to the same period of last year, and gas showed positive behavior as well.

 

Monday, May 21st, 2018
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Ecopetrol and Repsol announce a new project

Ecopetrol (NYSE: EC) gave details about the Akacías field in Meta, but will social issues be an obstacle for its development?

 

Monday, May 21st, 2018
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Popular referendums controversy

The boom in popular referenda against the oil and mining sector has generated many concerns and debate in the country. The Government’s strategy to stop this wave was to say that it lacked the resources to finance them, but this has generated a new controversy with communities.

 

Monday, May 21st, 2018
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USO talks negotiations with Schlumberger

The union spoke about the alleged violation of workers’ rights by Schlumberger, and mentioned the points that need to be addressed in future meetings.

 

Monday, May 21st, 2018
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Surprise! Netbacks are up

Surprise! Netbacks are up

Now here is a little-known fact: higher oil prices lead to better netbacks! OK so it is painfully obvious. Welcome… but painfully obvious none-the-less.

Monday, May 21st, 2018
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Parex leverages Works-for-Taxes

The Works-for-Taxes program is one of the most interesting ideas by the Colombian Government that we have seen in a long time. It is long-established in Peru and companies that saw it work there have advocated for its adoption in Colombia.

Monday, May 21st, 2018
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