News and AnalysIs for

For weeks now, the Casanare press have been bubbling over Gran Tierra (TSX:GTE) and a block called El Portón.

Unless you invested in Geopark (NYSE:GPRK) or Parex (TSX:PXT). But then the global indices were also down.

This week is Easter and so I have low expectations about how much this column will be read. Many loyal readers, at least those living in Latin America, may already be on vacation.

Cajamarca is a small city of about 19,000 people, southwest of Bogotá on one of the few ‘easily’-driven mountain passes crossing the Central Cordillera.

Costs were up in 4Q16 so despite higher prices, the average crude oil netback for publicly-listed reporting companies was down slightly in the quarter.

Revisa Dinero columnist Gregorio Gandini recently showed a graph that seems to show fairly clearly that the Colombian peso and oil prices are almost perfectly (negatively) correlated.

A couple of weeks ago, we reported an announcement by ANH head Orlando Velandia that the long-anticipated Agreement 2 was ready. I wondered why only one newspaper picked up the story and now we know: it is not ready.

Jaime Checa is a prominent geophysicist who is troubled by the way the industry is evolving, especially its complicated relationship with communities.

Ecopetrol (NYSE:EC) published its 4Q16 results which allows us to update our Line-of-Business (LoB) charts for the entire year. After an encouraging 2015 and significant new capability in Reficar and Barrancabermeja, ECP’s refinery business was again the loser.