Wednesday, August 12th, 2026
Gran Tierra reported second-quarter 2026 net income of US$25 million, a sharp swing from a US$119 million net loss in Q1, on total production of 41,501 boed and Adjusted EBITDA of US$85 million.
GeoPark reported second-quarter 2026 revenue of US$143.3 million, up 12% from US$128.4 million in the first quarter, on stable consolidated production of 27,271 boepd and a combined realized oil price of US$67.20/boe, up from US$60.4/boe in 1Q2026 as Brent averaged US$96.9/bbl.
Gran Tierra Energy has agreed to sell its entire Colombia and Ecuador oil business – all of its South American assets – to Établissements Maurel & Prom, a Paris-listed operator majority owned by Indonesia’s Pertamina, for total consideration of US$1.33 billion.
President-elect Abelardo De la Espriella named Barranquilla-born Armando Cuello Navarro as the incoming Vice Minister of Energy, joining Minister María Nohemí Arboleda’s team at the Ministry of Mines and Energy.
Ricardo Roa’s July 30 exit from Ecopetrol’s presidency has triggered a wider reorganization moving beyond the parent company into its subsidiary boards and legal ranks.
On Friday, August 7th Abelardo de la Espriella was sworn in as Colombia’s President for 2026 to 2030, a critical period for the county’s energy sector.
By now you must know that we made it through the SPEC maintenance window without regulated customers noticing anything and no power blackouts. If we hadn’t, you certainly would have heard about it.
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