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Colombian oil stocks back on track in 1Q19

Colombian oil stocks back on track in 1Q19

Just a short summary this quarter of our index of publicly-traded Colombia-focused E&P stocks because not much has changed.

Monday, April 8th, 2019
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Natural gas discovery

Natural gas discovery

The oil sector has been making positive and important announcements during this year. Hocol S.A joined this positive news trend with a new natural gas discovery.

Thursday, April 4th, 2019
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“Fracking is a catastrophic and irreversible technique”: General Comptroller

In a study of more than 200 pages, the General Comptroller’s Office warned about the alleged environmental, social and legal risks of developing unconventional resources.

Thursday, April 4th, 2019
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ANLA on Turpial project

The National Environmental Licensing Agency (ANLA) met with TPL Colombia LTD to discuss new requirements for the Turpial project, located in the municipalities of Puerto Boyacá (Boyacá) and Puerto Triunfo (Antioquia).

Thursday, April 4th, 2019
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The ANLA on Tabasco Oil’s project

The National Environmental Licensing Agency (ANLA) demanded that Tabasco Oil take its water catchment infrastructure out of the Ariporo River. Here are the details.

Thursday, April 4th, 2019
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Naturgas highlights infrastructure

Naturgas highlights infrastructure

The Colombian Association of Natural Gas (Naturgas) carried out an analysis on the country’s current infrastructure for natural gas transport and on its prospects.

Wednesday, April 3rd, 2019
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“The Colombian economy is at risk”: Campetrol

According to a report from the Chamber of Petroleum Goods and Services (Campetrol), the consequences of saying ‘No’ to fracking go beyond assuring the country’s energy self-sufficiency.

Wednesday, April 3rd, 2019
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Bayón interview

Ecopetrol (NYSE: EC) has reported good financial performance in recent years, generating expectations about new investment in oil projects in the country. Felipe Bayón, CEO of ECP, spoke about key issues such as dividends, cash generation, and the firm plans in coming years.

Wednesday, April 3rd, 2019
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ANH talks new Offshore projects

The National Hydrocarbons Agency (ANH) spoke about the GUA OFF-1 and COL-4 projects; two Offshore discoveries that will boost the national industry.

Wednesday, April 3rd, 2019
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ECP sell discussion continues

ECP sell discussion continues

A few weeks ago, the Colombian government, through the Ministry of Finance (MinHacienda), proposed selling part of the country’s shares in Ecopetrol (NYSE: EC). Experts and government representatives continue to discuss this alternative.

Tuesday, April 2nd, 2019
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