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Concessions

ANH on new blocks

The National Hydrocarbons Agency (ANH) is working to reactivate the industry. The entity’s president gave details on preparations for the upcoming Permanent Area Assignment Process (PPAA).

Monday, July 22nd, 2019
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ANH to offer 50 blocks

The second half of this year will bring positive news for investors, following the government’s attempts to “get the sector moving.” Here is why.

Monday, July 8th, 2019
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Toasting success

Only tomorrow will we know if Geopark responds to Frontera’s counteroffer for VIM 22 and the ANH’s first round of its Permanent Competitive Process (PPAA) will complete officially only on the 15th of July. But I think the ANH should already be breaking out the vintage soda water, declaring this round a success.

Monday, July 8th, 2019
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Geopark and Hocol expand their portfolios

Geopark and Hocol expand their portfolios

Geopark Limipted (NYSE: GPRK) announced the expansion of its portfolio on Colombia, after the National Hydrocarbons Agency (ANH) bid round in June 2019. The company won three blocks in alliance with Hocol (a 100% subsidiary of Ecopetrol (NYSE: EC).

Monday, July 1st, 2019
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Digging beneath the PPAA numbers

Digging beneath the PPAA numbers

As we reported, recently the first ‘window’ of the new ‘permanent’ block assignment process (known as PPAA for its initials in Spanish) passed its first hurdle successfully. In this article, we look at the results, based on the notes we took at the event. Official results, have been published confirming our estimation of the leading bidder for each block.

Sunday, June 9th, 2019
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ANH on the PPAA

ANH on the PPAA

The National Hydrocarbons Agency (ANH) held a press conference to talk about the Permanent Competitive Process (PPAA). Nicolás Mejía, Vice President for Promotion and Assignment of Areas of the National Hydrocarbons Agency (ANH) and Luis Miguel Morelli, President of the ANH, were at the event. We bring a brief summary of the meeting.

Monday, June 3rd, 2019
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Participants in the permanent round UPDATED

Participants in the permanent round UPDATED

Tuesday, June 4, 2019 marks the first block assignment process since July 2014, nearly five years ago. Much has happened and oil prices – a primary determinant of investment and so participation – are still well below where they were during the last auction. Here is the announced list of qualified participants.

Sunday, June 2nd, 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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Permanent bidding process – Overview and commentary

One of the biggest changes by this new government has been finally launching the new Permanent Bidding Process. Originally announced in September 2015, it would be an understatement to say this has had a long gestation period. But it has finally arrived. We asked Marianna Boza and the team at Brigard Urrutia to give our readers an overview.

Monday, April 1st, 2019
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“This is definitely a great opportunity for Colombia”: ACP

The National Hydrocarbons Agency (ANH) announced the official launch of its Permanent Competitive Process. Here is what the industry has to say about it.

Wednesday, February 27th, 2019
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