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Labor issues continue in Meta

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.

Monday, September 10th, 2012
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Security Summary for week ending September 8, 2012

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.

Monday, September 10th, 2012
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Gold Oil says it is subscale and looks for expansion options

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.”

Monday, September 10th, 2012
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Pacific Rubiales CEO says infrastructure holds back Colombian oil production

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).

Sunday, September 9th, 2012
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GeoPark gets US$37.5M to develop Colombian assets

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.

Sunday, September 9th, 2012
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Canadian mining associations sign transparency pact with NGOs

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.

Friday, September 7th, 2012
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ANLA adds environmental inspection to de-centralization trial

September 5, 2012 This is part of a larger regionalization / de-centralization project by the ANLA. We discussed it originally here.

Thursday, September 6th, 2012
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Ecopetrol reports new find in Magdalena Medio

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.

Thursday, September 6th, 2012
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La Cortez transfers PUT-4 rights to PetroLatina

September 4, 2012 La Cortez announced the transfer of its 50% interest in Putumayo-4 to its partner Petronorte, the Colombian subsidiary of Petrolatina.

Wednesday, September 5th, 2012
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Our view of the new Santos government cabinet

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.

Wednesday, September 5th, 2012
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