Ecopetrol (NYSE: EC) said one of its largestoil fields has stopped producing. The company went on to say thatblockades and sabotages to La Cira-Infantasfield could affect nearby villages.
The Colombian Association of Oil Engineers (Acipet) organized a breakfast to give the press “objective, technical and clear information about Hydraulic Stimulation in producingrockreservoirs in Colombia”. HCC was present at the event; we bring a brief summary of the meeting.
The Minister of Mines and Energy, Germán Arce, signed a new agreement by which the National Hydrocarbons Agency (ANH) adopts a new scheme for the allocation of new areas of exploration and production of oil and gas.
Late Thursday – after our closing of course – MinMinas published reserves for 2016 and announced that the long-awaited Agreement 2 had been signed.
OK. Maybe ‘smiling’ is too much to ask of a CFO; scowling and grimacing less perhaps. Prices are up; costs are stable; netback is up. What more could a CFO ask for? OK. Maybe even higher prices. More on that later.
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