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Natural Resources
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Ecopetrol Adds 2,800 Barrels Per Day to Oil Production with Three New Wells
The wells are held jointly with U.S.-based Occidental Petroleum Corp. and have hit a combined 2,800 barrels per day in testing.
Posted On
March 5, 2018
,
By
Jared Wade
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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
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With Profits of Some $2.3 Billion USD in 2017, Ecopetrol Posts Best Results in Four Years
The net profit of 6.62 trillion pesos ($2.3 billion USD) is more than four times above the results of 2016 and the highest since 2013.
Posted On
February 28, 2018
,
By
Jared Wade
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Frontera Energy Suspends Operations at Cubiro Oil Field in Colombia After Local Violence, Threats
Frontera Energy this week suspended operations at a site in Casanare in response to violence, intimidation, and threats.
Posted On
February 9, 2018
,
By
Jared Wade
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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
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Gran Colombia Gold Increased Production by 16% in 2017 to 173,821 Ounces of Gold
The growth was aided by a good fourth quarter that saw production rise 26% compared to the fourth quarter of 2016.
Posted On
January 17, 2018
,
By
Jared Wade
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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
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Bezant Resources Finalizes Gold and Platinum Licenses in Western Colombia
With a final $200,000 USD payment, Bezant now holds an alluvial platinum license (FKJ-083) and gold license (HCA-082) in 2,659-hectare area of Chocó.
Posted On
January 5, 2018
,
By
Jared Wade
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Frontera Energy Sells Interest in Petroelectrica de los Llanos for $56 Million USD
Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”
Posted On
October 28, 2017
,
By
Jared Wade
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Ecopetrol to Establish Energy Marketing Company
Ecopetrol says the main purpose of the the new subsidiary “will be energy generation, conversion, and marketing."
Posted On
October 24, 2017
,
By
Jared Wade
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