Canacol Energy (TSX: CNE) is betting heavily on Colombia’s natural gas market; its large investments in exploration and infrastructure translated into positive results in terms of sales.
The union signed its first collective agreement with Cenit, highlighting advances in the protection of workers’ rights, among others.
Ecopetrol (NYSE: EC) announced its third quarter 2019 results. The NOC reported good financial performance. The firm reported solid operating results as well.
Geopark Limited (NYSE: GPRK) announced its third quarter 2019 operational update, confirming a growing production base, new oil fields and the expansion of its opportunity platform
Malaysia’s Petronas might work with Ecopetrol (NYSE:EC) in offshore projects in the Caribbean.
Parex Resources (TSX: PXT) announced its third quarter 2019 operational update. Its production continues on the right track and the firm completed a share buy-back.
Canacol Energy (TSX: CNE) announced its operational update for the three-month period ended September 30 2019. The company also announced change of auditor.
Frontera Energy Corporation (TSX: FEC) announced its third quarter 2019 operational update. Colombia production decreased in 3Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
This was not a good quarter for oil prices and investors seemed to take it out on oil stocks. The good news is that Colombia-focused shares were not punished any worse than their global peers.
Ecopetrol (NYSE: EC) started developing three blocks together with Anadarko (NYSE: APC), which returned the operation of these assets. The NOC is now looking for new partners for to develop the areas.
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