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Long Form Reports

Inner Circle Monthly Report for July 2013

We have not one but three interviews this month.

Monday, July 1st, 2013
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Matching opportunity to capability — An interview with Nelson Navarette of Petroamerica

We calculate that Petroamerica is the 8th largest company by market capitalization listed on the TSX or TSX-V exchanges with operations in Colombia and the largest non-operating company of the Canadian group.

Monday, July 1st, 2013
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Heavy Crude Oil Markets HCC July 2013 Report

Heavy Crude Oil Markets HCC July 2013 Report

Castilla Crude Refining Economics

In the last two months heavy grades have remained strong in the Gulf of Mexico market. Margins have been positive, at least in the higher end Gulf of Mexico conversion refineries.

Monday, July 1st, 2013
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The great gas debate continues

The great gas debate continues

Recently Colombia’s energy regulator, the CREG, issued an order to UPME — the Ministry of Mines and Energy’s think tank and research division — to look into the importation of Liquid Natural Gas, LNG.

Tuesday, June 18th, 2013
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Inner Circle Monthly Report for June 2012

The great gas debate has been simmering for a few months now.

Sunday, June 2nd, 2013
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Average prices stable but what happened to Ecopetrol?

Average prices stable but what happened to Ecopetrol?

The first quarter is strange because some stragglers take the full 90 days they have to report 4Q results and then often are able to file 1Q results early.

Friday, May 31st, 2013
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Colombia at a Glance April 2013

Click on the icon below to download the latest pdf

Monday, May 13th, 2013
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HCC stock indices for 1Q13: Ecopetrol down and everyone else OK

HCC stock indices for 1Q13: Ecopetrol down and everyone else OK

Here we define a new set of stock price indices – Exploration Exposed and Production Exposed – where we exclude companies for which Colombia is only a minor part of their business (like Oxy or Petrobras).

Thursday, May 2nd, 2013
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Talisman bets on Colombia

We have wanted to talk to Chris Spaulding of Talisman for some time now. Talisman’s worldwide strategy has changed considerably over the past year and especially since a change of CEO occurred in September, 2012.

Thursday, May 2nd, 2013
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Inner Circle Monthly Report for May 2013

This month we have an opinion piece by the ACP’s Alejandro Martínez, interviews with Talisman’s Chris Spaulding and Enbridge’s John Gerez, an amazing fact about Venezuelan oil revenues, our opinion on the chances of success of the current peace process and we update our Colombian stock price indexes.

Tuesday, April 30th, 2013
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