News and AnalysIs for

Inspired by the rapid approach of baseball season, two short rather than one long comment this week, one on 2018 results so far and one on fracking, inspired by MinMinas naming five companies as being interested.

Frontera Energy (TSX: FEC) announced its financial and operating results for the fourth quarter and year ended 2018. The company said that it had strong 4Q18 operational and financial results.

The industry remains expectant about the potential authorization to implement unconventional techniques in the country. Charle Gamba, CEO of Canacol (TSX: CNE), spoke on this topic and the company’s plans.

The National Hydrocarbons Agency (ANH) announced the signing of new exploration and production contracts with Shell (LON: RDSB) in offshore areas of the Caribbean Sea. Representatives of the government and the company spoke on this important agreement.

Geopark Limited (NYSE: GPRK) announced its financial results for the fourth quarter and year ended 2018. The company reported record oil and gas production and Colombia keeps increasing its participation in this key metric, thanks to the Llanos 34 block. The firm reported excellent financial results.

Ecopetrol published its results this past week and CEO Felipe Bayón was rightly trumpeting the NOC’s earnings for their contribution to the nation’s coffers. But hidden in the results presentation was worsening margins in the Refining Line-of-Business (LoB).

Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and year ended 2018. The firm reported oil production growth and good financial performance. Parex announced its guidance for 2019.

Canacol Energy (TSX: CNE) announced its natural gas reserves for the fiscal year end December 31, 2018. The company highlighted that its reserves are located in the Lower Magdalena Valley (VIM) basin.

Marc Payne, CEO of Chevron Petroleum Company (NYSE: CVX) in Colombia, made an announcement about the company upstream operations in the country.

Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the fourth quarter and year ended 2018. The company reported a record average annual production and the firm continues to demonstrate strong financial performance.