News and AnalysIs for

The Superintendencia de Sociedades identified 15 natural gas supply contracts – down from the 19 originally covered by a Canadian court’s insolvency ruling – as potentially subject to termination in Canacol Energy’s Colombian contracting review.

Ecopetrol’s new board elected Carlos Augusto Suárez Rojas – lawyer, political consultant, and one of President Abelardo De la Espriella’s closest strategists – as board chairman on September 17, with unanimous support.

Ecopetrol’s cash position has reportedly fallen to around CoP$1.6T in recent days, down sharply from CoP$11.2T at the close of Q2 after the company paid its final dividend tranche to the government in June.

GeoPark is evaluating a dual listing that would let its shares trade in Colombia and eventually other markets, aiming to expand liquidity and access to new investors.

Ecopetrol board chairman Luis Felipe Henao will demand interim president Juan Carlos Hurtado’s irrevocable resignation at an extraordinary board meeting.

Ariel Corzo Díaz, an Ecopetrol worker and USO union member, filed an injunction (tutela) seeking to suspend the company’s general shareholders assembly, scheduled for September 15, arguing the board slate improperly reused January 2026’s internal union vote to place César Loza in the seventh workers’-representative board seat rather than reopening nomination and voting.

Ecopetrol shipped its first 2,100 tons of bulk solid sulfur from Reficar to international markets, marking the start of a monthly export cycle.

Ecopetrol and the UK Embassy awarded four Colombians — one from Cartagena, one from Barranquilla, and two from Bogotá — Chevening-Ecopetrol scholarships to pursue master’s degrees in energy transition, sustainability, and climate change at UK universities.

Arrow Exploration reported record total corporate production exceeding 6,000 boe/d — including newly acquired Thorsby field output in Alberta — driven by recent drilling successes, workover results, and the Thorsby acquisition.

GeoPark announced its strategic entry into Venezuela through the Bare Block, a large-scale heavy-oil brownfield asset in the Orinoco Belt with roughly 15.7 billion barrels of original oil in place, over 700 million barrels of historical production, and about 1,100 existing wells.