Frontera Energy (TSX: FEC) announced its full year 2019 plan and guidance information. The company recalled that Colombia is key for its plans. The Board of Directors announced dividend to be paid in January 2019.
The oil sector continues to insist on the development of unconventional projects in Colombia to increase oil and gas production and reserves in the medium and long term. Francisco José Lloreda, President of the Colombian Petroleum Association (ACP) spoke on this subject and other relevant issues for the industry.
The Vice Minister of Mines and Energy (MinMinas), Carolina Rojas, took the stage of the VIII Canada – Colombia Forum to talk about royalties, communities and the mining industry. We attended so our Bottom-Line goes beyond the MinMinas press releases.
The firm spoke about its plans in Colombia and Chile, forecasting a production growth.
Amerisur Resources announced a new strategic alliance with Occidental Andina LLC, an affiliate of Occidental Petroleum Corporation to develop key exploration blocks in Colombia. The companies announced big investments in Colombia for the coming years.
Luis Miguel Morelli, President of the National Hydrocarbons Agency (ANH), spoke about the Norte de Santander potential for natural gas in an event on ‘Challenges for Regional Competitiveness’ in Cúcuta.
The National Administrative Department of Statistics (DANE) reported the industrial production of the country in September, with a good performance compared to last year. In addition, the entity reported imports from the country.
The First Oil and Gas summit: 100 years promoting the development of Colombia brought together important representatives of the industry. They recalled the history of the sector in Colombia.
Frontera Energy’s (TSE: FEC) CEO, Richard Herbert, spoke about the firm’s main challenges and plans in Colombia.
Maria Fernanda Suarez, Minister of Mines and Energy (MinMinas) had an interview with Maricel Johanna Casallas, environmentalist of the municipality of Valledupar (Cesar). They talked about key issues such as oil and gas reserves, pollution and unconventional techniques.
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