Leon Teicher is Chairman of the Board of Continental Gold, a Canadian mining company operating in Antioquia who has contributed frequently to HCC on social and economic issues.
Geopark (NYSE:GPRK) is in the excellent position of operating LLA 34, one of the very few good-sized oil blocks that is still growing, still having new discoveries (along with partner Parex (TSX:PXT)).
While some in the oil industry –and many ‘hard’ miners for that matter – may be offended by our view that there are commonalities, it is becoming hard to deny that the evolving social and political situation for both has common roots and is creating common legal precedents.
We have compiled a list of 18 municipalities that either have had anti-oil/mining referenda, are definitely planning to do so or are known to be working towards a referendum.
Now Part 3 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on the Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting.
Barry Larson is well known to the Colombian industry from his time at Parex (TSX:PXT) and now has one of the highest-profile jobs in the industry: trying to convince investors that Frontera Energy Corporation (TSX:FEC) (formerly Pacific Exploration and Production (TSX:PEN)) is not the same as Pacific Rubiales from whose ashes the new company arose.
Now Part 2 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting.
Colombia’s General Controller (GC) recently told the press that the country will lose its self-sufficiency in oil by 2023.
No, we are not shifting Hydrocarbons Colombia into mining. Yes, we already wrote about Cajamaraca. But this unfortunate decision sets difficult precedents for the oil and gas industry.
Our counts of security incidents near oil and gas infrastructure dropped again this past month, plumbing new lows since we started keeping statistics in 2012.