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Invest in exploration, find reserves, says Campetrol

Tuesday, July 26th, 2016 Category: Exploration
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Invest in exploration, find reserves, says Campetrol

The Colombian Chamber of Oil Goods and Services (Campetrol) published an analysis of global oil operators and found several examples of firms which were able to reduce costs, but still invest in E&P and grow reserves. However, it said Ecopetrol (NYSE:EC) was not one of them.

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