French oil and gas company Établissements Maurel & Prom (M&P) announced the finalization of an agreement with NG Energy International Corp. to acquire a 40% operating stake in the SINU-9 gas block in Colombia.
Following Vanti’s announcement of a 36% increase in gas bills, particularly affecting regions like Bogotá, some media outlets suggested that the rise might be artificially induced. However, experts argued that the real causes behind the price surge are gas shortages and transportation challenges, as Vanti has stated.
Ecopetrol (NYSE: EC) initiated the commercial process for selling available natural gas for the coming years, sourced from the Cusiana, Cupiagua, and Cupiagua Sur fields in the Casanare department of Colombia.
GeoPark Limited (NYSE: GPRK) successfully completed a US$550M senior notes offering due 2030.
Arrow Exploration Corp. (TSXV: AXL) released an operational update[i] on the Alberta Llanos field within the Tapir Block in the Llanos Basin, where it holds a 50% beneficial interest.
The Colombian government, with a legal team comprising specialized attorneys from the National Agency for Legal Defense of the State (Andje) and external advisors, will defend itself before the International Centre for Settlement of Investment Disputes (ICSID) against a lawsuit filed by Chinese-owned but Canada-based mining company Continental Gold Inc.
Canacol Energy Ltd. ((TSX: CNE) released its latest corporate update, detailing its unaudited financial and operational results for 2024, and ongoing drilling activities.
Gran Tierra Energy Inc. (TSX: GTE) announced its highest-ever year-end reserves for 2024, marking its sixth consecutive year of 1P reserves growth.
Ecopetrol (NYSE: EC), Trafigura Petroleum Colombia, and Refinería de Cartagena (Reficar) are Colombia’s top energy exporters to the US.
Gran Tierra Energy Inc. announced its 2025 capital budget, production goals, and operations update, marking a pivotal year for the company.
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