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The National Planning Department (DNP) announced progress on regional projects financed with the General Royalties System (SGR).

Minister of Labor (MinTrabajo) Ángel Custodio Cabrera spoke about the progress made to lift the blockade at Ecopetrol’s (NYSE: EC) Cantagallo production field.

Carlos Andres Santiago, spokesperson for the Colombia Fracking Free Association (ACLF) spoke about the possibility of implementing this technique in the country.

The National Hydrocarbons Agency (ANH) started the socialization process of new oil contracts.

Ecopetrol’s (NYSE: EC) Felipe Bayón talked about the causes of the postponement of the dialogue with communities on the Fracking Pilot Project (PPII) Kalé.

The Comptroller General’s Office (CGR) is investigating a huge loss of royalties resources in Magdalena.

The National Environmental Licensing Agency will hold a public hearing to discuss the Fracking Pilot Project (PPII) Kalé.

Local authorities insist that the National Royalties System (SGR) still presents several bottlenecks to leverage its resources.

Social conflict is once again affecting the performance of the oil sector in Colombia, and Parex Resources Colombia Ltd. was forced to take decisions due to this situation in Magdalena. Fortunately, the situation was quickly resolved.

The Ministry of Mines and Energy (MinEnergia) announced the approved royalty resources to finance community projects.