September 8, 2012 RCN Radio reports that problems continue with labor unrest near Puerto Gaitan, Meta — In the center of over a dozen wells both producing and exploration, many within 10kms especially the important Rubiales field.
Source: Hydrocarbons Colombia, Colombia Oil Gas Mining Security We have started tracking security events that could be important for the Oil Gas and Mining industry.
September 10, 2012 In a press release Gold Oil, with operations in Colombia and Peru, reports “The Directors are of the opinion that the Company’s business is sub-scale and therefore are considering potential options to increase the size of the business.”
September 6, 2012 Colombian business newspaper La Republica reports on Ronald Pantin’s remarks to the 29th Enercol conference organized by the Colombian Engineers Association (ACIEM).
September 7, 2012 GeoPark an AIM-listed company with assets in Colombia, Chile and Argentina announced the closing of a US$37.5M loan from Banco Itau — Nassau branch.
September 6, 2012 The Mining Association of Canada issued a press release describing the signature of an MOU to improve the transparencey of company payments to governments.
September 5, 2012 This is part of a larger regionalization / de-centralization project by the ANLA. We discussed it originally here.
September 6, 2012 From an Ecopetrol Press Release Ecopetrol reports finding 24 degree API crude in the Aullador-I exploratory well located in Santander province, 27 kilometers from the municipality of Sabana de Torres.
September 4, 2012 La Cortez announced the transfer of its 50% interest in Putumayo-4 to its partner Petronorte, the Colombian subsidiary of Petrolatina.
The recent cabinet shuffle changed six posts – Finance, Health, Interior, Transport, Mines and Energy and Environment. Finance and Health have only an indirect impact on the hydrocarbons industry, much as they might have on any industry. The new occupants of the remaining portfolios will impact the sector for at least the next few years.
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