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Natural gas discovery

Natural gas discovery

The oil sector has been making positive and important announcements during this year. Hocol S.A joined this positive news trend with a new natural gas discovery.

Thursday, April 4th, 2019
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Parex and ECP agreement

The oil sector continues to announce agreements to encourage the exploration and production of oil and gas in the country, with the Colombian authorities’ support. The National Hydrocarbons Agency (ANH) announced a new agreement between Parex (TSX: PXT) and Ecopetrol (NYSE: EC).

Tuesday, April 2nd, 2019
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CNE 4Q18 results

CNE 4Q18 results

Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended December 30, 2018. Gas production, sales and funds from operations increased. Charle Gamba, CEO of CNE, talked about the company plans for 2019.

Monday, March 25th, 2019
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Lower 4Q18 oil prices take a toll on netback but it was a good year

Lower 4Q18 oil prices take a toll on netback but it was a good year

The publicly-traded Colombia-focused E&P companies have reported so we can publish our industry-wide netback estimates. Lower oil prices naturally had a negative impact on 4Q18 netbacks but, overall, 2018 was a good year.

Monday, March 25th, 2019
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FEC to sell assets?

FEC to sell assets?

The oil sector has had a very hectic start of the year with many news and rumors. The industry was speculating about the possible sale of several of Frontera Energy’s assets (TSX: FEC) in Colombia. The company spoke on this issue and its plans in the country.

Thursday, March 21st, 2019
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Puerto Bahia and Reficar

The Port Society of Puerto Bahia (SPPB) has ambitious plans in the country. The company made an interesting proposal to Ecopetrol (NYSE: EC) to connect Puerto Bahia with Reficar.

Monday, March 18th, 2019
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Ecopetrol’s LoB results – Part 2

Ecopetrol’s LoB results – Part 2

Once again, the Analyst thought of some charts he really would have wanted to publish in last week’s article about the NOC’s Line of Business (LoB) results but did not think of until a few days later. We know. We will speak to him about that. But he is right, the graphs are interesting so we will publish them this week.

Monday, March 18th, 2019
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Double header: 2018 results and fracking looking up

Inspired by the rapid approach of baseball season, two short rather than one long comment this week, one on 2018 results so far and one on fracking, inspired by MinMinas naming five companies as being interested.

Monday, March 18th, 2019
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Frontera 4Q18 results

Frontera 4Q18 results

Frontera Energy (TSX: FEC) announced its financial and operating results for the fourth quarter and year ended 2018. The company said that it had strong 4Q18 operational and financial results.

Thursday, March 14th, 2019
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Gamba talks fracking

The industry remains expectant about the potential authorization to implement unconventional techniques in the country. Charle Gamba, CEO of Canacol (TSX: CNE), spoke on this topic and the company’s plans.

 

Thursday, March 14th, 2019
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