Surtidora de Gas del Caribe (Surtigas) has managed to grow its operations in the country, especially on the Caribbean coast. The company completed 50 years of operations in Colombia with excellent results.
The Siona de Buenavista Indigenous Community, located on the banks of the Putumayo River, denounced that Amerisur is allegedly polluting its water sources with the development of its Platanillo field.
Amerisur Resources (LON: AMER) announced its exploration plans in the block Platanillo, located in the Putumayo basin. The company is optimistic about the potential results from this important area.
Canacol Energy Ltda. (TSX: CNE) started a strategy to sell its conventional oil assets in Colombia some months ago. The company announced a update of this progress and return of capital to shareholders.
Ecopetrol (NYSE: EC) and the USO announced the new “Collective Labor Agreement” a couple of days ago. Both parties celebrated this pact, but this will represent an enormous cost for the NOC.
Ecopetrol (NYSE: EC) spoke about contracting figures in Santander, and how the company has helped improve the quality of life of the communities in its areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Arrow Exploration Ltda. and Front Range Resources Ltd. (FRK) announced a significant advancement in the private placement financing of subscription receipts. In addition, Arrow gave an operational update for its blocks in Colombia.
Oil production has gone through some difficult years recently, and companies in the sector have worked to solve this situation as soon as possible. Ecopetrol (NYSE: EC) announced that two important fields reported good production metrics in 2Q18.
Colombia needs to increase its reserves to solve concerns about self-sufficiency in the long term and the sector is working to achieve it. Parex Resources (TSX: PXT) announced a new discovery in the Capachos block.
Ecopetrol (NYSE: EC), Equion, Frontera Energy (TSE: FEC) and Geo Park (NYSE: GPRK) spoke about their successful social investment projects in Casanare, Santander and Huila, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.