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PRE says debt agreement still under discussion

Pacific E&P’s management said in a recent interview that it is in strategic talks to find a long term solution to its debt payments, and that its robust operational portfolio could facilitate this discussion, but did not give more specifics.

Tuesday, February 9th, 2016
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USO calls for Halliburton strike

The USO says that direct negotiation with services-firm Halliburton (NYSE:HAL) has not produced an agreement, and called on its members and all other workers to vote for a strike.

Monday, February 8th, 2016
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Court suspends oil activity in Orito

The Constitutional Court has ordered the immediate suspension of oil activities in the Orito Municipality in Putumayo, and ruled that there was no prior consultation with indigenous communities in the region.

Monday, February 8th, 2016
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The hyperbole of Reficar

I saw a headline last week that referred to the ‘robbery’ of Reficar. In English, this phrase would imply that an individual or individuals had benefitted illegally from the project.

Monday, February 8th, 2016
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Lack of development wells affects 4Q15 oil production

Lack of development wells affects 4Q15 oil production

With the Coveñas / Caño Limón pipeline back in full service and so Arauca producing normally, we had expected 4Q15 crude oil production to be higher than 1mmbd.

Monday, February 8th, 2016
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Peace Process: Santos heads to Washington

Guerrilla-initiated events have risen for four successive weeks (on a Moving Average basis) but remain near historic lows. However, what inspired us to publish was a qualitative difference in last week’s ELN activities.

Monday, February 8th, 2016
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