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Garnero will remain involved with the company in an advisory capacity and his son, Mario Bernardo Garnero, will fill his seat on the board.

PentaNova Energy has an 80% “beneficial working interest” in the Maria Conchita block.

McAllister will remain in the position through March 9. Alejandro Piñeros will fulfill CFO responsibilities until a permanent replacement is appointed

Frontera Energy this week suspended operations at a site in Casanare in response to violence, intimidation, and threats.

Despite ongoing improvement, Colombian passport holders continue to have less access than most other Latin American nations.

"We look forward to increasing our future cultivation footprint and quota as we ramp up production to meet global demand,” said Patricio Stocker of PharmaCielo Ltd.

The Canadian oil company's operations in the country are now held by the Colombian branch of Meta Petroleum Corporation, a wholly owned subsidiary.

With 8.60 grams of gold per tonne, the test "yielded significantly more ounces of precious metals than we estimated," said CEO Ari Sussman.

"The rating upgrade reflects Frontera's ability to stabilize its operational and financial performance," stated Fitch Ratings.

Canadian mining company Eco Oro Minerals Corp. announced that its plan of arrangement has become effective.