News and AnalysIs for

The National Environmental Licensing Authority (ANLA) revoked the NOC’s Environmental License for the Llanos 38Block. Social leaders and Saravena’s Court spoke on the subject.

The National Hydrocarbons Agency (ANH) is preparing a new oil round in April of this year. The Agency revealed the companies that have shown interest in this new tender.

The union referred to Ecopetrol’s (NYSE:EC) management decision to suspend contracts in the department.

A few weeks ago, the ACP published a study on operating costs, which we thought would be of considerable interest to our readers. The Association has graciously given us permission to translate it to English and publish.

Last week there was a minor flurry about an American thinktank putting Colombia on a list of ‘risky’ spots for petroleum investments. Timely, considering our article tying to quantify ‘risk’ which was really quantifying ‘impact’. I think it was overdone, but it still got me thinking about what risks are the most relevant.

Getting an environmental license is one of the challenges that oil companies must overcome to develop their plans. The National Environmental Licensing Authority (ANLA) has been quiet over the past several months, but recently published a decision concerning a project of Hocol S.A.

The government is determined to carry out the construction of a new regasification plant in the country, despite experts’ opinions against it. The Ministry of Mines and Energy (MinMinas) announced dates for the plant’s tender.

The appointment of a consultant and costs of the popular action have become an issue in the judicial process involving Gran Tierra (TSX:GTE).

Local authorities, the police and the president of the Colombian Association of Petroleum Engineers (Acipet), Julio Cesar Vera, spoke about the situation in Meta; 14 days after the protests began.

Canacol Energy (TSX: CNE) announced results of the Pandereta 2 appraisal well located in the VIM 5 block in the Lower Magdalena Valley basin. The firm reported a significant new gas discovery on this block. CNE also provided information on its 2018 gas exploration and drilling programs.