According to the Minister of Mines and Energy (MinMinas), at least five companies are interested in developing fracking pilot projects in six Colombian blocks.
The firm signed an offshore E&P contract with the National Hydrocarbons Agency (ANH) to develop the COL 5 block. Here are the details.
The National Hydrocarbons Agency (ANH) announced that Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) will conduct exploration activities in the Colombian Caribbean Sea.
The National Hydrocarbons Agency (ANH) announced the official launch of its Permanent Competitive Process. Here is what the industry has to say about it.
We attended the presentation by the Commission of Experts engaged to give recommendations on fracking. The next day, we published a summary of the recommendations, last Monday we explored those in some depth and today we go back to fill in some of the details.
Gran Tierra Energy (TSX: GTE) started to develop El Portón project, which has generated much controversy. However, the company proactively spoke to the local press about a new well.
The long-awaited report of the commission of experts was presented to the public Thursday afternoon. We attended. The study concluded there was much opportunity but much uncertainty so the country should run a pilot. Which is what Ecopetrol had proposed last year.
The government restarted the process to award offshore E&P contracts in the Colombian Caribbean, aiming to boost investments during 2019.
Ecopetrol (NYSE: EC) will announce its proven oil and gas reserves in approximately three weeks. However, analysts and experts began to make their predictions about this important metric for the country.
Ecopetrol’s (NYSE) CEO, Felipe Bayón, spoke about the importance that fracking has for Colombia in a scarce oil environment.
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