Geopark Limited (NYSE: GPRK) announced its operational update for the three-month period ended March 31, 2019. The company reported a new record for oil and gas production and successful drilling activities in the Llanos 34 block during this quarter.
Chevron (NYSE: CVX) had made an offer to acquire Anadarko Petroleum Corp. (NYSE: APC), but there is a new player in the mix, as Occidental Petroleum Corp. (NYSE: OXY) made a tempting offer.
Liberal Party Senators, Jaime Durán and Luis Fernando Velasco, tabled a bill to prevent the government from selling 8.5% of the NOC’s shares.
Colombia could see an increase in its oil revenues, if Brent prices stay at US$74, Acciones & Valores said.
It has been some time since we looked at Colombia’s downstream sector so this week we update some of our charts.
Parex Resources (TSX: PXT) announced its first quarter 2019 operational update. Its production started the year on the right foot in 1Q19 and the firm showed its confidence about the performance of metric for coming quarters.