News and AnalysIs for

September 5, 2012 This is part of a larger regionalization / de-centralization project by the ANLA. We discussed it originally here.

September 6, 2012 From an Ecopetrol Press Release Ecopetrol reports finding 24 degree API crude in the Aullador-I exploratory well located in Santander province, 27 kilometers from the municipality of Sabana de Torres.

September 4, 2012 La Cortez announced the transfer of its 50% interest in Putumayo-4 to its partner Petronorte, the Colombian subsidiary of Petrolatina.

The recent cabinet shuffle changed six posts – Finance, Health, Interior, Transport, Mines and Energy and Environment. Finance and Health have only an indirect impact on the hydrocarbons industry, much as they might have on any industry. The new occupants of the remaining portfolios will impact the sector for at least the next few years.

September 3, 2012 From a MinMinas Press Release Translations by Hydrocarbons Colombia Ecopetrol president Javier Gutierrez looks none too happy in this official photo of the signing of a pact between the National Hydrocarbons Agency (ANH), the National Mining Agency (ANM), the Ministry of Mines and Energy (MinMinas) and Sammy Azout, the Presidential High Commission for Prosperity.

September 3, 2012 Commentary by Luis Ernesto Mejía Castro, Former Colombian Minister of Mines and Energy

The recent cabinet shuffle changed six posts – Finance, Health, Interior, Transport, Mines and Energy and Environment. Finance and Health have only an indirect impact on the hydrocarbons industry, much as they might have on any industry.

Source: Hydrocarbons Colombia, Colombia Oil Gas Mining Security We have started tracking security events that could be important for the Oil Gas and Mining industry.

August 30, 2012 A Gold Oil press release that appeared in the UK (but neither on Canada’s MarketWire nor the company’s website) disclosed that Colombia’s supreme court had upheld a request by a “indigenous community” for prior consultation.

August 31, 2012 From a Spanish-language only Ecopetrol Press Release. Translations by Hydrocarbons Colombia Ecopetrol, in partnership with Chevron, announced the start of production in two new natural gas wells in the Ballena Field, department of La Guajira.