Frontera Energy Corporation (TSX: FEC) announced its estimated 2018 production with positive results according to its 2018 production guidance. Colombia production in the fourth quarter of 2018 increased. The firm announced its drilling plans for the first quarter of 2019 and the Quifa block plays a key role in this process.
We updated our indices of Colombia-focused, publicly-traded companies and as expected, the slide in Brent had a noticeable impact. We also looked more closely at our composite index, especially the role of the TSX.
Ramón Davila, General Manager of Gases del Caribe, reported on the firm’s accomplishments during 2018 and its goals for this year.
The National Hydrocarbons Commission (CNH) started the year with big news: an important finding by India’s ONGC Videsh Limited.
The NOC spoke about the acts of vandalism that took place in the Palagua field (Boyacá). The development of these and other stories in our periodic Security summary.
Manuel Buitrago, General Director of Gran Tierra Energy (TSX:GTE) in Colombia spoke about the firm’s plans in Putumayo.
Colombia-focused oil companies dutifully did their 2019 planning, a meticulous process requiring formal Board approval, which can take many months to complete. But at the beginning of October, Brent started to slide nearly 37%, from US$84.16 on October 5th to US$53.21 on December 28th, although it was up considerably last week (Jan 4th) to US$57.06.
Surtidora de Gas del Caribe (Surtigas) announced that Santiago Mejía Medina will take office as the new General Director on December 15th, 2018.
After days of protests in Ecopetrol’s (NYSE:EC) Cupiagua field (Casanare), communities decided to sit down and talk. Here is what both parties agreed on. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Slowly but surely, the industry has been recovering from a drastic fall in oil prices. What are top global firms planning for next year?
2025, Hydrocarbons Colombia, All Rights Reserved.
