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Exploration

Colombia’s Auditor General warns Environment and Energy Ministries about non-conventional hydrocarbons

Recently, the National Environmental Licensing Agency granted the country’s first license for non-conventional hydrocarbons. The testing will take place in the villages known as Dominguito and Patiño in the municipality of Buenavista, Boyacá in a region better known for emeralds and dairy cattle than oil and gas. The block is known as Chiquinquira and is operated by Nexen which has adjacent exploration blocks in the same high plateau region.

Wednesday, September 19th, 2012
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C&C Energy committed to 100% Colombian strategy

C&C Energy updated its corporate presentation for the FirstEnergy/Societe Generale Global Energy Conference in London. The presentation showed C&C to be one of the few companies operating in Colombia with steadily growing production. The company says it is committed to a 100% Colombian strategy and is looking for acquisitions or farm-in opportunities to maintain growth beyond its own success with exploration. They will definitely participate in the 2012 Round of auctions. We discussed their 2Q12 performance here. Some highlights

Sunday, September 16th, 2012
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Petrominerales reports lower August production, exploration update

Petrominerales reports lower August production, exploration update

Source: Petrominerales, Hydrocarbons Colombia.
In a press release, Petrominerales provided an update on production and exploration. The production summary can be seen in the chart: yet another month of lower production this time 8% month over month. The company did not provide a zonal breakdown as they did in their 2Q12 results. However the company did explain the August results precisely in terms of

Thursday, September 13th, 2012
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Petroamericas announces exploratory drilling on El Eden block, Llanos basin

In a press release, Petroamericas announced the spud of the La Casona-1 well, El Eden block, Llanos basin using the Tuscany 119 rig.

Wednesday, September 12th, 2012
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Interoil reports slightly lower oil production in Colombia in August

In a press release, Interoil reports slightly lower production in Colombia.

Wednesday, September 12th, 2012
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