Frontera Energy Corporation (TSX: FEC) announced its third quarter 2019 operational update. Colombia production decreased in 3Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
The President of the National Mining Agency (ANM), Silvana Habib, and the director of the National Environmental Licensing Agency (ANLA), Rodrigo Suárez, established a mining environmental agenda.
The Colombian government considers the oil sector as one of the pillars to reactivate the economy and employment in the country. Authorities have high hopes for the benefits of Works for Taxes and the industry plays a key role in this.
The UN’s Office for the Coordination of Humanitarian Affairs (OCHA) warned about a possible humanitarian crisis in the department of Chocó.
This was not a good quarter for oil prices and investors seemed to take it out on oil stocks. The good news is that Colombia-focused shares were not punished any worse than their global peers.
The Colombian Petroleum Association (ACP) announced the advances and perspectives for oil and gas exploration in 2019, with little positive results.
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