On May 1st, Gran Tierra Energy Inc. (TSX: GTE) announced its financial and operating results for the quarter ended March 31, 2018. The company reported a record high average quarterly Colombia production and the firm keeps demonstrating ongoing strong financial performance.
Although this mechanism is new in Colombia, it already works in countries like Peru with positive results, and could change the course of the Colombian post-conflict process.
The rating agency Moody’s made a report on the capital structure of Ecopetrol (NYSE: ECP) and other public companies in the region. The Colombian company stands out against its NOC competitors in Latin America.
The ELN continues to make headlines, and according to the Ministry of Defense (MinDefensa), the armed group is not only operating in Colombia but also in Ecuador and Venezuela. The development of these and other stories in our periodic Security summary.
The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for April 2018. Crude increased compared to the same period of last year, and gas showed positive behavior as well.
Ecopetrol (NYSE: EC) gave details about the AkacĂas field in Meta, but will social issues be an obstacle for its development?