Arrow Exploration Ltda. and Front Range Resources Ltd. (FRK) announced a significant advancement in the private placement financing of subscription receipts. In addition, Arrow gave an operational update for its blocks in Colombia.
According to official figures, Colombia’s FDI increased during August as a result of oil industry investments.
The National Army confirmed that operations against Walter Arizala, alias ‘Guacho’, have restarted. Here are the details.
The oil sector has proposed the development of unconventional projects to increase the country’s oil reserves and ensure self-sufficiency in the long term. However, this has generated much controversy and many Colombians have expressed their rejection of this possibility.
With better oil prices, Ecopetrol (NYSE:EC) could go back to producing 1mmbl, but according to CEO Felipe Bayón, that is not the company’s priority.
The Ministry of Mines and Energy (MinMinas) announced new measures to discuss the oil sector’s future and the transition of the country’s energy matrix.
The union spoke about Ecopetrol’s (NYSE:EC) alleged lack of commitment to continue with the dialogue process and set a new Labor Agreement.
While searching for something else, our Analyst stumbled upon an update of the ANH’s oil reserves by department. He came up with some interesting graphs.
One of the hardest editing problems I have occurs whenever we have to write about security issues associated with former Farc guerrilla. The problems occur because of differences between Spanish and English, but mostly because of a ‘what-do-we-call-them’ issue. However, the real security issues are far bigger than any language challenges we might have.
The National Hydrocarbons Agency (ANH) announced several exploration drilling projects for this year, generating many expectations about its possible benefits for the country’s reserves. However, the plans have not advanced as quickly as expected.
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