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The National Hydrocarbons Agency’s (ANH) ‘second window’ of the Permanent Competitive Process (PPAA) took place in Bogotá. HCC attended the event.

The Colombian Canadian Chamber of Commerce (CCCC) and the National Hydrocarbons Agency (ANH) hosted the ‘Reactivation of the Mining-Energy Sector’ Conference. HCC attended the event.

The National Hydrocarbons Agency (ANH) announced a second auction of the Permanent Competitive Process (PPAA) for November this year. This is the block that has caught investors attention due to its location in the Catatumbo region.

The National Hydrocarbons Agency (ANH) continues to work on the Permanent Area Assignment Process (PPAA). The agency announced the date and number of blocks for the second auction of this important process.

This week the ANH head, Luis Miguel Morelli, said that he expected to publish the so-called ‘B Team’ regulations in October and auction 20 blocks in February. Recently I had lunch with a prominent member – and cynical observer – of the industry and talk turned to the idea of auctioning mature Ecopetrol fields. I think these two ideas are closely related.

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).

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.

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 15^th of July. But I think the ANH should already be breaking out the vintage soda water, declaring this round a success.

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).

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.