Eye on EcopetrolEither Ecopetrol (NYSE:EC) CEO Juan Carlos Echeverry is ‘sandbagging’ his board or the NOC is preparing for some steep production declines in 2016. Otherwise, our calculations make it hard to explain a 755 mboed production target.
Company NewsBy now anyone with the most remote interest in the Colombian oil and gas industry must have heard the news. What follows are a number of perhaps irreverent reflections.
ProductionE&P contracts have been available since the establishment of the National Hydrocarbons Agency (ANH). They were designed to attract other investors / E&P companies to increase reserves and production.