News and AnalysIs for

We wrote a few weeks ago that ‘Debt is the new black’ about how Colombian oil and gas companies were using debt rather than equity. At the CWC Oil and Gas Summitt and Exhibition in Cartagena recently, Scotiabank’s Rolf Schmitz gave a good explanation of why there is a strong interest in M&A in Colombia but that companies are using debt rather than equity to finance their activities.