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GeoPark says it achieved all key 2025 guidance metrics despite materially lower oil prices, while resetting the portfolio, reset positioning the company for scale and growth. The company characterized 2025 as a transition year executing a strategy of “Protecting What We Have, Returning to Growth.”

Canacol announces that the Court of King’s Bench of Alberta (the “Canadian Court”) has approved the Company’s sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures.

SierraCol Energy reported full-year 2025 share before royalties (SBR) production averaged 42.0 mboed, down 6% year-over-year, primarily due to restricted pipeline availability in the Caño Limón area during second quarter 2025, partially offset by additional volumes from the Caracara field integrated during second half 2024.

NG Energy International announced commencement of drilling operations at the Hechicero-1X exploration well at Sinu-9, marking the first well in a planned six-well 2026 drilling program as the company reported significant year-end reserves increases. The company also released year-end 2025 reserves showing gross 1P reserves of 64.5 Bcf and gross 2P reserves of 132.3 Bcf, with gross 3P reserves totaling 225.6 Bcf.

Gran Tierra Energy announced two strategic portfolio moves on February 19, 2026: completing its exit from Canada’s Simonette Montney asset while simultaneously entering Azerbaijan through a major exploration agreement with the State Oil Company of Azerbaijan (SOCAR).

Parex Resources Inc. announced today that it has submitted an acquisition proposal (the “Proposal”) to the Board of Directors (the “Frontera Board”) of Frontera Energy Corporation (TSX: FEC) to acquire all of Frontera’s Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are substantially the same as the existing acquisition agreement previously announced. The Proposal represents a US$125 million premium compared to the existing acquisition agreement.

Canacol announces a leadership change and the appointment of an independent director to the board of directors (the “Board”). The Board believes that these changes will position the Company for success in the next phase of its restructuring by adding substantial restructuring experience to the Board.

The prospect of political change in Venezuela has revived debate over what a mass return of migrants would mean—not just for Venezuela, but for the labor markets and demographics of the countries that have absorbed them over the past decade, Bloomberg Línea reported on January 21, 2026.

Despite facing formal charges from the Attorney General’s Office over alleged campaign finance violations and a luxury apartment purchase, Ecopetrol president Ricardo Roa is unlikely to be removed—and markets may actually prefer it that way, according to a leading equity analyst.

Colombia’s General Controller (Contraloría General de la República) flagged a presumed loss of CoP$86.054 billion in two Ecopetrol contracts following a 2024 audit, raising fresh concerns about oversight and project management at the state oil company, La República reported on January 19, 2026.