The National Development Plan (PND) states that the government can sell its shares in public companies, as a way to cover the fiscal gap. As controversial as it is, selling part of the NOC’s shares is on top of the authorities’ list.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended March 31, 2019. Natural gas production, sales and funds flow from operations increased.
Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended March 2019. The company reported continuing operational success during the first quarter of the year and excellent financial results.
Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the first quarter 2019. The company reported increase in its production and development activities in Colombia play a key role in achieving it.
Maria Victoria Riaño, President of Equion, spoke about the company’s financial results and the firm’s contribution to Ecopetrol (NYSE: EC) results.
Parex (TSX: PXT) announced its financial and operating results for the first quarter 2019. The firm reported oil production growth and good financial performance.
Canacol Energy (TSX: CNE) announced its operational update for the three-month period ended March 31, 2019. The company also announced the members of the Board of Directors for this year.
Richard Dos Santos, Operations and Commercialization Manager of Petrobras (NYSE: PBR) in Colombia, spoke about the company’s investment plans and goals in Colombia for 2019.
Occidental Petroleum Corporation (NYSE: OXY) made a tempting offer to acquire Anadarko Petroleum Corp. (NYSE: APC). The company announced measures to finance this huge operation, responding to some analysts’ doubts about its capacity to pay the amount offered.
Ecopetrol (NYSE: EC) published data on the service contracts in Middle Magdalena during 2018. Local suppliers played an important role in this matter.