The Colombian press agency Colprensa has been widely published in the Colombian press as saying that the new president of Cerrejon, the country’s biggest coal operation is Roberto Jungito. Jungito is a widely respected Colombian executive who has worked for Chase Securities, McKinsey and Co.
February 21, 2012 Barranquilla daily El Heraldo reports that Canadian Seven Stars Coal Corp, a subsidiary of Augen Capital Corp., will manage its business from Barranquilla.
>Much foreign investment and investment by Colombian investors in oil production in Colombia but still Ecopetrol increases its share. Growth is such that none of the new players are going to complain,
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The Colombian Petroleum Association (ACP for its Spanish initials) estimates that Seismic kilometers declined by 8% in 2011.
PACIFIC RUBIALES ENERGY CORP. NEWS RELEASE PACIFIC RUBIALES ANNOUNCES NATURAL GAS AND CONDENSATE DISCOVERY ON THE GUAMA EXPLORATION BLOCK, COLOMBIA TORONTO, Feb. 15, 2012 /CNW/ – Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC; BOVESPA: PREB) announced today the discovery of natural gas and condensate in the Cotorra-1X exploration well, drilled on the Guama Block in the Lower Magdalena basin.
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