Canacol Energy (TSX: CNE) announced its financial and operational results for the three months ended September 30, 2018. Average production increased, and the firm reported a positive net income during this quarter.
Geopark Limited (NYSE: GPRK) announced its financial results for the third quarter 2018. The company reported record oil and gas production and Colombia keeps increasing its participation in this key metric. The firm announced its 2019 work program and investment guidelines.
The new head of the National Hydrocarbons Agency (ANH), Luis Miguel Morelli, spoke about the entity’s plans for the coming years.
Parex (TSX: PXT) announced its financial and operating results for the third quarter of 2018. The firm reported oil production growth and good financial performance. Parex declined to update its potential strategic repositioning.
Francisco Lloreda, President of the Colombian Petroleum Association (ACP), wrote an Op-Ed about fracking.
Ecopetrol (NYSE: EC) announced its third quarter 2018 results. The NOC’s financial performance considerably increased compared to previous year, proving that the company is levering current oil prices. The firm highlighted good advances in its drilling campaign during this quarter.
CEO Felipe Bayón spoke about the NOC’s plans in the Middle Magdalena (Santander); an area with great potential.
Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended September 30, 2018. The company reported a new production record and exploration success in the Llanos 34 block during this quarter.
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for September 2018. The good trend continues, as the industry reported more rigs working in this period compared to September 2017 and previous month.
National Hydrocarbons Agency (ANH) new director, Luis Miguel Morelli, spoke about the process that the entity is developing to set clear rules for the use of fracking.