GeoPark (NYSE: GPRK) enacted a limited-duration shareholder rights plan following a swift stock accumulation by a single investor. The move aims to protect the company’s shareholder value and prevent any one entity from gaining excessive control.
Parex Resources Inc. (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to its Board of Directors, effective June 1, 2025.
NG Energy International Corp. (TSXV: GASX) announced the filing of its financial results for the three months ended March 31, 2025.
On May 23, Colombia’s Superintendency of Public Utilities (Superservicios) imposed a management program on gas provider Alcanos S.A., following the discovery of billing irregularities that resulted in unjustified overcharges to users.
S&P Global Ratings revised the outlook for Colombian oil and gas company Frontera Energy Corp. (TSE: FEC).
This week’s Analyst’s Desk contribution is from periodic contributor Tomás de la Calle, who brings us the checkered history of Shell’s on-again-off-again relationship with Colombia.
GeoPark (NYSE: GPRK) is making bold moves to position itself as a leading oil and gas company in Latin America. At the heart of its strategy lies a major investment in human capital, specifically, by recruiting top-level executives who previously held senior roles at Colombia’s state-run oil giant, Ecopetrol (NYSE: EC).
At a time when Ecopetrol’s (NYSE: EC) profits are declining and the possibility of importing Venezuelan gas remains uncertain, PDVSA Colombia has not only received millions from Colombia’s state oil company but is now asking for even more.
GeoPark Limited (NYSE: GPRK) announced that Phoenix Global Resources has chosen to withdraw from a previously agreed transaction involving a non-operated interest in four unconventional blocks in Argentina’s Vaca Muerta formation. As a result, GeoPark will not complete the acquisition.
Fitch Ratings affirmed the Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) of SierraCol Energy Limited at ‘B+’, maintaining a Stable Outlook.
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