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Drilling
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Fitch Ratings Upgrades Gran Colombia Gold’s Rating to B with Stable Outlook
The company’s "credit risk lies in 2020 and 2021, with an expected lower production profile and possibility for lower grades,” stated Fitch.
Posted On
October 30, 2018
,
By
Jared Wade
off
Frontera Energy Discovers Oil at Acorazado-1 Exploration Well in Los Llanos
The find came at the Acorazado-1 exploration well and marked the Canadian oil company’s fourth discovery in 2018.
Posted On
October 9, 2018
,
By
Jared Wade
off
Frontera Energy Sees Year-Over-Year Production and Sales Declines in First Quarter
Despite high oil prices, Frontera realized just $249.5 million USD in sales in the quarter compared to $316.6 million USD in the first quarter of 2017.
Posted On
May 15, 2018
,
By
Jared Wade
off
Ecopetrol Pays Annual Dividend Totaling More Than $150 Million USD to Minority Shareholders
The Colombian government, which owns the vast majority of Ecopetrol shares, will receive a dividend of $1.17 billion USD (3.2 trillion pesos).
Posted On
April 20, 2018
,
By
Jared Wade
off
PentaNova Energy Begins Drilling Gas Well in Maria Conchita Block in Colombia
PentaNova Energy has an 80% “beneficial working interest” in the Maria Conchita block.
Posted On
March 2, 2018
,
By
Jared Wade
off
Frontera Energy Hit 71,015 Barrels of Oil Equivalent Per Day to Close 2017, Averaged 64,445 Per Day in Fourth Quarter
Frontera Energy plans to drill between 40 to 50 wells in the first quarter of 2018.
Posted On
January 22, 2018
,
By
Jared Wade
off
Frontera Energy Completes Reorganization of Colombian Operations and Projects Higher Production Figures
The Canadian oil company's operations in the country are now held by the Colombian branch of Meta Petroleum Corporation, a wholly owned subsidiary.
Posted On
December 24, 2017
,
By
Jared Wade
off
Continental Gold Begins Drilling at Buriticá Goldmine in Colombia for First Time in More Than Two Years
Three rigs are now operating in this 15,000-meter exploration campaign, and two more are planned to join the effort later this year.
Posted On
July 27, 2017
,
By
Jared Wade
off
Ecopetrol’s La Ciras Infantas Oil Field Reaches 40,000 Barrels Per Day
Output at this historic site peaked at 60,000 barrels per day in 1939 but that number fell to a mere 5,000 by 2003.
Posted On
January 3, 2017
,
By
Jared Wade
off
Pacific Exploration Finalizes Restructuring Plan and Pledges Disciplined, Margin-Focused Future
"This company will be disciplined and margin-focused, not simply production-driven," says Pacific Chairman Gabriel de Alba.
Posted On
November 3, 2016
,
By
Jared Wade
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