Canacol Energy (TSX: CNE) provided results on the Acordeon 1 exploration well, located in the VIM-5 block in the Lower Magdalena Valley (VIM). The company is changing its 2019 drilling program, due to these results.
The National Environmental Licensing Agency (ANLA) launched its National Strategy for the Conservation of Ecosystems. Here are the details.
Average oil netbacks had a recent peak in 2Q18 and since then have been falling back. Oil is now within US$6 of gas on an equivalent barrel basis. Not enough perhaps to make a company change strategy but maybe to change some resource allocation decisions.
The Ministry of Mines and Energy (MinMinas) published the rules for the unconventional energy auction. Here are the details.
Gran Tierra Energy (TSX: GTE) announced an operational update. The company highlighted production increases and positive advances in several projects in Colombia.
Canacol (TSX: CNE) is on track to become Colombia’s second largest natural gas producer.
Ocensa, the largest oil pipeline in Colombia, announced an increase in transport prices, generating controversy. The Colombian Petroleum Association (ACP) and oil firms spoke about this decision.
The association asked Bogotá City Hall to include all zero and low emission technologies in the tender to renew the city’s Integrated Public Transport System (SITP) fleet.
The Minister of Mines and Energy (MinMinas), María Fernanda Suárez, spoke about the government’s plans to improve the industry’s performance in the country. Here are the details.
The Colombian government committed to reactivate the oil sector and has taken several steps to achieve it in recent months. The National Hydrocarbons Agency (ANH) announced the creation of the Permanent Competitive Process (PPAA), attracting the interest of new investors to the country.
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