Eight ‘social leaders’ of Casanare are currently under arrest because, according to the Attorney General’s Office, they are part of an organized crime group that has been harassing Frontera Energy (TSE: FEC) in the region.
Amerisur Resources Plc announced its results for the six months ended 30 June 2019. The company showed lower metrics compared to same period last year, but good advances in strategic alliances and projects.
Two Aramco oil plants in Saudi Arabia were attacked last Saturday generating an immediate effect on oil prices. Experts talked about the effects of this situation in Colombia in the short term.
CINTEL recently held its annual ANDICOM event, bringing together technology and telecommunications companies. Ecopetrol (NYSE: EC) received an award at this event in the Large Companies category.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended June 2019. The company reported operational success during this quarter and record financial performance.
A couple of weeks ago we wrote about oil prices concluding that “Your CFO is unhappy because prices are low and appear to be falling.” CFOs were no doubt happy in 2Q19 because netbacks (on average) were up.
The Podion Corporation and the Colombia Fracking Free Alliance accused Drummond of contempt of court for an alleged violation of the State Council’s rulings.
The Colombian government has worked to boost the development of new oil projects in the country and the industry is responding positively. The sector has committed large investments for the coming years.
The oil sector has shown a slight recovery in the country, driven mainly by the growth in oil prices. However, shares of some companies such as Ecopetrol (NYSE: EC) have not had as positive a response.
Arrow Exploration Corp announced operational and financial results for 2Q19. Here are the details.
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