The company has begun the process of terminating contracts for six oil blocks in the Colombian department of Putumayo.
Alberto Consuegra, Executive Vice President of Operations at Ecopetrol (NYSE: EC), announced the company’s strategic focus on natural gas as its flagship product for the future.
The Colombian government issued a new decree, Resolution 40332, which establishes the methodology for the distribution and allocation of royalty resources.
GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended March 31, 2023.
Canacol Energy Ltd. (TSX: CNE) announced a new gas discovery along with April 2023 natural gas sales.
Considering recent announcements by oil companies to terminate their contracts, Frontera Energy (TSE: FEC) announced a decision on two contracts.