Despite uncertain future cash flows as President Gustavo Petro dismantles everything the NOC has accomplished in the past 20 years and the whiff of scandal around CEO, Ricardo Roa, Ecopetrol’s share price is higher than it was when Petro was sworn in on August 8th, 2022. What do minority investors see that we poor mortal scribes do not?
In its recently presented investment plan, Ecopetrol (NYSE: EC) outlines its commitment to maintaining an oil and gas production range between 725mboed and 730mboed for 2024 to 2026.
The National Environmental Licensing Agency (ANLA) initiated three environmental penalty proceedings against Perenco Colombia Limited for environmental mismanagement in Casanare.
President Gustavo Petro, amidst his participation in the World Economic Forum in Davos, Switzerland, reiterated his steadfast proposal to break free from the shackles of gas and oil exploration as the foundation of economies.
Ecopetrol (NYSE: EC) reported the successful completion of maintenance activities at the Cupiagua Gas Plant in Aguazul, Casanare, a day ahead of schedule.
Parex Resources Inc. (TSX: PXT) published its 2024 budget and announced positive test results at its Arauca-8 exploration well (50% W.I.).
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