The Ministry of Mines and Energy (MinMinas) reported oil and gas production figures for December and the total average for 2018. Crude and natural gas production grew in the last month last year.
The industry keeps reporting positive results from its operations in the Llanos Orientales region, this time in Ecopetrol’s (NYSE:EC) and Parex’s (TSX:PXT) Capachos block.
Geopark Limited (NYSE: GPRK) announced fourth quarter and annual 2018 operational update. The firm reported record annual oil and gas production and a key change in investors.
The high commissioner for peace, Miguel Ceballos, announced that the ELN has one month to show more will for peace or it will lose its title of ‘armed organization with political status’.
Frontera Energy Corporation (TSX: FEC) announced its estimated 2018 production with positive results according to its 2018 production guidance. Colombia production in the fourth quarter of 2018 increased. The firm announced its drilling plans for the first quarter of 2019 and the Quifa block plays a key role in this process.
Analysts made a bold forecast, suggesting that Colombia could surpass Venezuela’s oil production. Here is why.