Canacol Energy Ltd. (TSX: CNE) announced positive results in its exploration program during this year. In addition, the company provided updates on its 2018 drilling program.
The sponsor spoke about a bill in the Senate that seeks to set at least 35% of the General Royalty System (SGR) budget for education in Colombia. These and other stories in our periodic Royalties summary.
Ecopetrol (NYSE: EC) announced important news about the Infantas Oriente field, located in the municipality of Barrancabermeja in the department of Santander. This area is only 3km from the Cira-Infantas field and very close to the Barrancabermeja Refinery.
Asojuntas; an association dedicated to defending the rights of locals in El Morro village (Casanare), announced blockades at Equion’s facilities, arguing that the company is allegedly implementing fracking.
The Network of Municipalities in Mining Environments (Remem) made a proposal to leverage royalties’ resources. The Colombian Federation of Municipalities (FCM) supports these initiatives.
Ecopetrol (NYSE:EC) and Equion spoke about the development of successful programs in departments like Casanare and Putumayo, among others. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.
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