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//Canacol Energy
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Fitch Ratings Downgrades Canacol Energy Following Pipeline and EPM Contract Cancellations

"Fitch expects CNE's volumes sold, as percentage of total gas production, under long-term take-or-pay contracts to reduce from 99% in 2023 to 50% in 2026."
Posted On October 30, 2023
, By Jared Wade
Tax calculator
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What Jumps Out: Who Will Pay the Bills?

Much of the private sector continues to think that a sovereign nation can continue to operate, pay the bills, and support all the public services required even with everyone paying the minimum taxes possible.
Posted On October 21, 2023
, By Rupert Stebbings
En la foto, de izquierda a derecha aparecen: Andrés Valenzuela, Representante Legal de CNE Oil & Gas, Diego Mesa Puyo, Ministro de Minas y Energía, Armando Zamora Reyes, Presidente ANH, María Jimena Yáñez Gelvez, Vicepresidenta de Promoción y Asignación de Áreas - ANH y Rafael Pinto, Representante Legal de Parex Resources, durante la firma de contratos del tercer ciclo del Proceso Permanente de Asignación de Áreas en las instalaciones de la ANH - Diciembre 1 de 2020. Foto: ANH.
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Colombian Government Issues 4 New Petroleum Concessions To Parex Resources & Canacol Energy Unit

Colombia's ANH signed 4 new contracts today, as a conclusion of the third cycle of the Continuous Area Nomination Process, PPAA. Parex Resources and CNE Oil & Gas were awarded four areas, with associated investments estimated at approximately US$ 40 million.
Posted On December 1, 2020
, By Loren Moss
Canacol's Capella Oil Field
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Canacol Energy To Announce 2019 Results March 19

Canacol Energy Ltd. (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) will announce its fourth quarter and fiscal year 2019 financial results after the market closes on Thursday, March 19, 2020.
Posted On February 27, 2020
, By Loren Moss
Oil Pump Courtesy Kobiecanka - Pixabay
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Amid Cash Crunch & Depressed Share Value, A Board Shakeup At Arrow Exploration

Arrow Energy has announced that Tim de Freitas, Gustavo Antonio Dajer Barguil and Brian Hearst, have been appointed to the board of directors, and Mauricio Nuñez Restrepo has been appointed as corporate secretary.
Posted On February 11, 2020
, By Loren Moss
oil drilling (Photo credit: Moni49 / Pixabay)
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Arrow Exploration Announces Q3 Results, Seeks Strategic Alternatives

Arrow Exploration Corp. (TSXV: AXL) has announced the filing of its 2019 third quarter unaudited financial statements and MD&A and the initiation of a strategic alternatives process. Third Quarter Financial and Operating Results Arrow Exploration’s Financial Statements and...
Posted On December 22, 2019
, By Loren Moss
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Canacol Energy Is Now Producing & Marketing LNG In Colombia To Compete With CNG

Canacol Energy Ltd. (TSX: CNE; OTCQX: CNNEF; BVC:CNEC) has commenced the production and sale of liquified natural gas (“LNG”), the first such operation in Colombia.  Canacol Energy is also in negotiation with Galileo Technologies to form a joint venture which will install...
Posted On December 22, 2019
, By Loren Moss
Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Colombia Produced 854,121 Barrels of Oil Per Day in 2017, a 3.4% Drop from 2016

Despite the year-over-year drop, the actual output did exceed Ministry of Mines and Energy's estimate of 840,000 barrels of oil per day.
Posted On January 16, 2018
, By Jared Wade
pacific exploration rubiales colombia bogota barry larson CEO
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Road to Recovery? Pacific Exploration Increases Output and Revenue Over Fourth Quarter of 2016

Pacific Exploration is showing signs of recovery, but it still has a long way to go to get back to its performance levels in earlier years.
Posted On May 18, 2017
, By Jared Wade

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