Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) today announced that it has halted discussions with GeoPark Limited (“GeoPark”) (NYSE: GPRK) regarding the acquisition of GeoPark by Parex.
Citi Research analyzed Ecopetrol’s 2026 investment plan and operational outlook concluding that, while there are risks, the potential production upside justifies buying the shares.
The Unión Sindical Obrera (USO) called on November 28, 2025, for Colombia to develop experimental fracking pilot projects with “the highest oversight” to open possibilities for developing unconventional deposits as an effective short-term measure to increase oil and gas reserves.
Parex announced an update on the Llanos Foothills exploration project and other operational matters.
The Petro government proposed eliminating unpopular taxes on alcoholic beverages, particularly beer, in exchange for reviving a previously struck-down measure prohibiting oil and mining companies from deducting royalties from their income tax.
As Colombia faces a natural gas deficit and increasing import dependency, Gas País proposes liquefied petroleum gas (LPG) as an alternative to meet demand while the offshore Sirius project comes online.
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