SierraCol Energy reported full-year 2025 share before royalties (SBR) production averaged 42.0 mboed, down 6% year-over-year, primarily due to restricted pipeline availability in the Caño Limón area during second quarter 2025, partially offset by additional volumes from the Caracara field integrated during second half 2024.
Empresas Públicas de Medellín will enter the imported gas market through a new regasification facility in Copacabana, north of Medellín, marking Antioquia’s principal public company’s strategic entry into the regasification business.
Ministers from IEA Member countries today unanimously invited Colombia to become the Agency’s 33rd Member country, marking a significant expansion of the Agency’s engagement in Latin America and the Caribbean.
NG Energy International announced commencement of drilling operations at the Hechicero-1X exploration well at Sinu-9, marking the first well in a planned six-well 2026 drilling program as the company reported significant year-end reserves increases. The company also released year-end 2025 reserves showing gross 1P reserves of 64.5 Bcf and gross 2P reserves of 132.3 Bcf, with gross 3P reserves totaling 225.6 Bcf.
Gran Tierra Energy announced two strategic portfolio moves on February 19, 2026: completing its exit from Canada’s Simonette Montney asset while simultaneously entering Azerbaijan through a major exploration agreement with the State Oil Company of Azerbaijan (SOCAR).
The joint Ecopetrol-Frontera Energy regasification project at Puerto Bahía in Cartagena is advancing ahead of schedule, representing Colombia’s first concrete progress in gas imports from a second regasification facility.
Ecopetrol’s Unión Sindical Obrera (USO) announced support for Roy Barreras in the March 8, 2026 presidential consultation for the Frente por la Vida coalition, marking a clear break from the government coalition’s expected candidate Iván Cepeda.
Ecopetrol S.A. reported today its proven reserves of oil, condensate, and natural gas (1P reserves), including its share in proven reserves from subsidiaries, estimated based on the standards of the U.S. Securities and Exchange Commission (SEC).
Colombia’s plans to import Venezuelan natural gas face regulatory and infrastructure obstacles following talks in Caracas between Minister of Mines and Energy Edwin Palma and Venezuelan interim president Delcy Rodríguez. While Venezuela’s side of the Antonio Ricaurte pipeline—enabled in 2007—is ready, Colombia’s segment remains non-operational and Ecopetrol cannot lead the project.
Parex Resources Inc. announced today that it has submitted an acquisition proposal (the “Proposal”) to the Board of Directors (the “Frontera Board”) of Frontera Energy Corporation (TSX: FEC) to acquire all of Frontera’s Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are substantially the same as the existing acquisition agreement previously announced. The Proposal represents a US$125 million premium compared to the existing acquisition agreement.
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