Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended December 31, 2017 and its annual results for 2017. The company reported production gains in its consolidated operation and in Colombia. The country keeps increasing its participation in this key metric.
Last year had important moves among oil investors who bought and sold shares in blocks that were already awarded by the National Hydrocarbons Agency (ANH).
CEO Felipe Bayón spoke about the NOC’s plans in Latin America, looking not only for assets on sale, but to participate in auctions.
The Colombian Natural Gas Association (Naturgas) made a report on the natural gas sectorin the country. Thefuel is increasing its participation in the energy matrix.
The Ministry of Mines and Energy (MinMinas) announced fuel prices for March. The entity took measures to improve fuels quality and reduce pollution.
GeoPark’s (NYSE: GPRK) Marcela Vaca said that the firm’s partnership with India’s ONGC Videsh, will allow it to strengthen its E&P activities in Chile, Brazil, Peru, Argentina and Colombia.
Colombia is analyzing new energy alternatives to reduce pollution rates and expand its energy matrix. Senator José David Name spoke on this topic and key issues such as regulation.
The OcadPaz reported positive results. However, irregularities in royalties’ resources for Casanare, Vaupés and the Caribbean region are a cause for concern. These and other stories in our periodic Royalties summary.
Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and full year ended 2017. The firm reported oil production and reserves growth.
The candidates debated about Colombia’s reserves, fracking and royalties.
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