Gas Natural Fenosa changed its name to Vanti recently and the company has big plans for the natural gas sector in Colombia. Rodolfo Anaya Abello, President of Vanti, spoke about the firm’s goals and expectations in Colombia.
Frontera Energy’s (TSE: FEC) CEO, Richard Herbert, spoke about the firm’s main challenges and plans in Colombia.
CEO Eric Flesch spoke about the firm’s investment portfolio in Colombia.
The results for Colombia-focused companies are published, so we updated our statistics on oil prices and netbacks. It was not a great quarter but not a bad one either. As always, individual results may vary; we are looking at Colombian averages.
This is how the firm has participated in the Colombian market and helped in the process of the country’s transformation process.
Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended September 30, 2018. Average production increased, and the firm reported a positive net income during this quarter.
Frontera Energy (TSX: FEC) announced its financial and operating results for 3Q2018. The company reported a decrease in oil production but managed to report a positive net income in the quarter. The firm announced changes to the composition of its Board of Directors and FEC plans to drill several wells in Colombia during 4Q18.
Geopark Limited (NYSE: GPRK) announced its financial results for the third quarter 2018. The company reported record oil and gas production and Colombia keeps increasing its participation in this key metric. The firm announced its 2019 work program and investment guidelines.
Parex (TSX: PXT) announced its financial and operating results for the third quarter of 2018. The firm reported oil production growth and good financial performance. Parex declined to update its potential strategic repositioning.
Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the quarter ended September 30, 2018. The company reported a record average quarterly Colombia production and the firm continues to demonstrate strong financial performance.
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