Amerisur Resources (LON: AMER) announced its exploration plans in the block Platanillo, located in the Putumayo basin. The company is optimistic about the potential results from this important area.
Colombia continues to discuss the possibility unconventional techniques to increase oil reserves and production. Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas), spoke on this topic in a debate.
A new fracking debate will soon take place in Congress. Hector Manosalva, Ecopetrol’s (NYSE: EC) Vice President of Development and Production, spoke about what this technique represents for the country.
Former president of the National Hydrocarbons Agency (ANH), Orlando Velandia, spoke about the areas that would be offered in the country.
Last week we showed a number of graphs about oil reserves. This week we have the same charts but for natural gas.
Fracking has been a controversial subject for communities, but if anyone will benefit from the development of this technique, it is them.
With better oil prices, Ecopetrol (NYSE:EC) could go back to producing 1mmbl, but according to CEO Felipe Bayón, that is not the company’s priority.
While searching for something else, our Analyst stumbled upon an update of the ANH’s oil reserves by department. He came up with some interesting graphs.
The possible loss of energy self-sufficiency in Colombia has been one of the main discussion topics in recent years. Promigas wrote a report on natural gas reserves and important issues in the market.
Colombia needs to increase its reserves to solve concerns about self-sufficiency in the long term and the sector is working to achieve it. Parex Resources (TSX: PXT) announced a new discovery in the Capachos block.
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