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Extractive sector exports increased in 2017

Extractive sector exports increased in 2017

Colombia is not an oil country, but it depends heavily on the extractive sector in many economic aspects. The National Administrative Department of Statistics (DANE) published preliminary Colombian export figures, highlighting the role of the oil and mining sectors.

Tuesday, February 6th, 2018
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Parex reserves increased as well

Parex (TSX: PXT) announced its 2017 year-end reserves report. The company reported positive results in key metrics such 1P reserves, Reserve Life Index (RLI) and Reserves Replacement Index (RRI).

Tuesday, February 6th, 2018
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Geopark announced its oil and gas reserves in 2017

Geopark (NYSE: GPRK) announced its independent oil and gas reserves assessment for 2017, certified by DeGolyer and MacNaughton Corp (D&M). The company reported consolidated and Colombia reserves growth.

Tuesday, February 6th, 2018
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Still I look to find a reason to believe

I have a deserved reputation for being a curmudgeon – always complaining – but looking at the statistical evidence, and listening to the industry, 2018 could shape up to be a good year. I am – shock! horror! – optimistic.

Monday, February 5th, 2018
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Top 10 oil operators and producers 3Q17

Top 10 oil operators and producers 3Q17

Oil production in Colombia showed stable performance throughout 2017, but how have the main operators and producers in the country fared? We check our database to analyze their production metrics.

Thursday, February 1st, 2018
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GTE announced reserves increase

Gran Tierra Energy (TSX: GTE) announced the firm’s 2017 year-end estimated reserves and prospective resources. McDaniel & Associates Consultants Ltd. was the reserves evaluator.

Wednesday, January 31st, 2018
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Oil will not solve all problems: says MinHacienda

Mauricio Cárdenas, Minister of Finance (MinHacienda), spoke about current oil prices and its possible benefits in the Colombian economy. Additionally, President Santos spoke about sustainable development to the World Economic Forum in Davos, Switzerland.

Friday, January 26th, 2018
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Top 10 oil producing-municipalities

Top 10 oil producing-municipalities

The oil sector has presence in several regions of the country. Oil production in Colombia showed stable performance during 2017, but which are the main producing municipalities? Here are the top 10 oil producers during last year.

Friday, January 26th, 2018
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Frontera guidance

Frontera Energy Corporation (TSX: FEC) announced its 1Q18 production target and other goals for this year. The company highlighted that it achieved exit rate production after royalties during December 2017.

Monday, January 22nd, 2018
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GTE to increase production up to 27%

Gran Tierra Energy (NYSE: GTE) announced its 2018 capital Budget and production guidance. The company is optimistic about this year’s performance in Colombia.

 

Thursday, January 18th, 2018
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