Frontera Energy (TSE: FEC) announced modifications to its 2020 capital plan, in response to the lower oil price environment caused by excess global supply and the Covid-19 pandemic.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months and year ended December 31st, 2019.
Geopark (NYSE: GPRK) announced its business approach taking into account new oil price scenarios and current revisions to its 2020 work program.
International crude prices continue to fall, turning into a cause for concern among the global industry. This is what experts said.
Companies announced reductions in their capital spending due to lower oil prices. This is what experts said.
Gran Tierra Energy (TSX: GTE) announced revisions to its 2020 capital program in response to recent commodity price volatility.
Authorities confirmed that to date, there are 62 viable projects to be executed through the Works for Taxes modality.
Last Friday, Brent closed at US$33.85 by our accounting the lowest weekly closing value since February 2016. Logic and the data suggest things will not get better quickly. The question we focus on here is how companies will react and whether they will be successful.
The firm reported positive financial results for the year ended December 31st, 2019.
Parex (TSX: PXT) announced its financial and operating results for year and the fourth quarter 2019. The firm provided price sensitivity to 2020 guidance.