News and AnalysIs for

The Colombian Corporation of Agricultural and Livestock Research Corpoica (Agrosavia), investigated the Ecopetrol (NYSE: EC) treated produced water of with positive results.

Canacol Energy (TSX: CNE) wants to be the main gas producer in Colombia, selling its oil blocks to achieve it. However, the company will maintain some areas with potential of unconventional resources. Charle Gamba, CEO of CNE, spoke about the firm’s plans in these projects.

A fracture in the TransAndino pipeline caused an environmental emergency in Puerto Boyacá (Boyacá). Local locals warned about the dumping of a considerable amount of oil in the area. The development of these and more stories in our periodic Eco summary.

Amerisur Resources Plc provided an update on operations in Colombia, after a technical review of well performance. The firm highlighted good advances in civil works in the Platanillo and CPO-5 blocks.

Canacol Energy (TSX: CNE) announced its mid-year Reserves report with good results in blocks located in the Lower Magdalena Valley (VIM) Basin in Colombia.  The firm highlighted that this is a result of its drilling program in the country.

The Minister of Mines and Energy (MinMinas), German Arce, spoke about the development of successful projects that have been possible thanks to the presence of the industry in Colombia. These and other stories in our periodic Royalties summary.

The National Hydrocarbons Agency (ANH) and the Ministry of Mines (MinMinas) held an event to give a “Recognition of Significant Experiences of Environmental and Social Management” in the Ministry’s broad areas of responsibility. HCC was present at the event and we bring a brief summary of the meeting.

Ecopetrol (NYSE:EC) and Equion spoke about different social investment projects that were developed in their areas of influence, highlighting positive results. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Before the end of the year, the firm expects to bring natural gas service to 25,000 new users in the five departments where it is now present, said CEO Jairo de Castro.

Late yesterday afternoon, Parex (TSX:PXT) issued a press release announcing that the Board of Directors had decided to “initiate a formal process to explore, review and evaluate strategic repositioning alternatives with a view to enhancing shareholder value.”