News and AnalysIs for

Geopark Limited (NYSE: GPRK) announced its financial results for the three-month period ended December 31, 2017 and its annual results for 2017. The company reported production gains in its consolidated operation and in Colombia. The country keeps increasing its participation in this key metric.

Parex (TSX: PXT) announced its financial and operating results for the fourth quarter and full year ended 2017. The firm reported oil production and reserves growth.

Canacol Energy Ltd. (TSX: CNE) announced its natural gas and crude oil reserves for 2017. The company reported positive results in key metrics like 1P reserves, Reserves Replacement Index (RRI) and Reserve Life Index (RLI).

Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the fourth quarter and year-ended 2017. The company highlighted that its production increased, that it showed strong financial metrics and continued its strategy to focus on Colombia.

Ecopetrol (NYSE: EC) announced its fourth quarter and full-year 2017 results. The firm highlighted that net income was the highest of the past four years. The NOC’s reported margins are at their highest in the past two years.

The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures in the country for January 2018. Crude extraction decreased compared to the previous month, but this metric is above the government’s mid-term target.

Recently, Ecopetrol (NYSE:EC) got the public’s attention about the violence in southern Meta with a ‘gee whiz’ estimate of how much oil production was at risk. That got our Analyst thinking about production concentration and risk.

Ecopetrol (NYSE: ECP) took a radical decision in some of its most important blocks in the department of Meta, since violence is preventing operations in these areas.

At this time of year, the UPME publishes its annual forecasts for gas demand and supply. Here we take a look at the conclusions, focusing on key graphs.

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.