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Parex reserves also grow

Parex reserves also grow

Parex Resources Inc. (TSX: PXT) announced its annual reserves assessment as at December 31, 2016. The company reported a significant increase in its reserves for the seventh consecutive year. This keeps the growth trend of reserves of Colombia producers which have reported. GLJ prepared the reserves report.

Wednesday, February 8th, 2017
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Ecopetrol to invest US$3.2B in exploration and production in 2017

The NOC wants to achieve 715mbd in production, as well as increase exploration in Colombia and Mexico, where last year the Warrior discovery took place.

Wednesday, February 8th, 2017
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“Our decisions do not go against investment”: ANLA

The National Environmental Licensing Authority’s (ANLA) decision to deny — for the second time — the license for the Cañafisto hydroelectric plant’s construction, aroused controversy among investors.

Tuesday, February 7th, 2017
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ECP restructuring transportation business

Ecopetrol (NYSE: EC) has been strengthening its transport business in recent years. The Colombian company has great plans for this corporate area since it has become one of the most profitable.

Tuesday, February 7th, 2017
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LLA 34 drives Geopark reserve growth

LLA 34 drives Geopark reserve growth

Geopark (NYSE: GPRK) announces record oil and gas reserves. The data was certified by DeGolyer and MacNaughton (D&M) as of December 31, 2016.

Tuesday, February 7th, 2017
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Bad hiring practices and good deeds

Not hiring local labor remains a cause for discontent in Magdalena Medio and Meta, but the industry is showing its commitment to the country by developing several infrastructure and social projects in rural Yondó, Puerto Gaitán, several municipalities in Casanare and the Caribbean and Pacific regions. These and other Corporate Social Responsibility (CSR) projects in our periodic summary.

Tuesday, February 7th, 2017
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