Antonio Celia, Former CEO of Promigas, decided to retire from the company after a 25-year career. Eric Flesch took over the company’s management four months ago and he talked about key issues such as goals and regulatory challenges.
Ecopetrol (NYSE:EC), Equion and GeoPark (NYSE: GPRK) spoke about the successful development of their social investment projects in their areas of influence. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
Rodolfo Anaya talks about the firm’s opportunities and challenges in Colombia, three months after taking office as Vanti’s President.
… especially about the future. Our omnipotent Managing Editor has graciously given the Analyst one more week to complete his methodology analysis of Colombia-focused share prices. We promise. Hopefully. Or maybe the Analyst will be fired.
Amerisur Resources Plc announced reserves, and gave an operational and production update for its two core regions of Colombia. The company announced its 2019 work program in the country.
A ruling from the Supreme Court has companies wondering what could happen next, as it ordered Ocensa to financially compensate those who were affected by the ELN’s attack in the Machuca Village (Antioquia).
Gran Tierra Energy (TSX: GTE) announced its 2019 capital budget and production guidance. The firm announced an operational update, reporting a record high production during the fourth quarter of 2018 and positive exploration results.
We try to stay away from share price-related issues. There are lots of commentators better suited for that activity. But we do look at share prices in aggregate as an indicator of investor faith in Colombia. Doing that means we need to ‘unpack’ the influence of various performance drivers including oil prices, other broad industry factors, company-specific factors and to get, finally, the influence of Colombia itself.
The industry keeps reporting positive results from its operations in the Llanos Orientales region, this time in Ecopetrol’s (NYSE:EC) and Parex’s (TSX:PXT) Capachos block.
Geopark Limited (NYSE: GPRK) announced fourth quarter and annual 2018 operational update. The firm reported record annual oil and gas production and a key change in investors.
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