News and AnalysIs for

Malaysia’s Petronas might work with Ecopetrol (NYSE:EC) in offshore projects in the Caribbean.

Parex Resources (TSX: PXT) announced its third quarter 2019 operational update. Its production continues on the right track and the firm completed a share buy-back.

Canacol Energy (TSX: CNE) announced its operational update for the three-month period ended September 30 2019. The company also announced change of auditor.

Frontera Energy Corporation (TSX: FEC) announced its third quarter 2019 operational update. Colombia production decreased in 3Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.

This was not a good quarter for oil prices and investors seemed to take it out on oil stocks. The good news is that Colombia-focused shares were not punished any worse than their global peers.

Ecopetrol (NYSE: EC) started developing three blocks together with Anadarko (NYSE: APC), which returned the operation of these assets. The NOC is now looking for new partners for to develop the areas.

Gran Tierra Energy (TSX: GTE) announced the appointment of a new Chief Operating Officer (COO), highlighting his vast oil and gas experience. CEO Gary Guidry sent a message to shareholders.

The company added low, ultra-low and zero CO2 emission vehicles to its bus fleet.

Geopark Limited (NYSE: GPRK) gave positive news for the country, thanks to the star block Llanos 34.

Eight ‘social leaders’ of Casanare are currently under arrest because, according to the Attorney General’s Office, they are part of an organized crime group that has been harassing Frontera Energy (TSE: FEC) in the region.