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Self-funded Growing Business Adds Light Oil Production, Proven Reserves, Low Breakeven Cashflow, Low Risk Development Opportunities, Significant Exploration Resources, Strategic Acreage, New Basin Entry, Carried Exploration Drilling, Cross-border Pipeline, New Partnerships, and Operating and Commercial Synergies Continue reading
Latin American states like Colombia have been important producers of oil and gas for this southern continent, the Caribbean and North American markets. Colombia’s crude oil production is primarily located onshore, in the northwest and centre of the country, close to major refined product-consuming regions. Meta Department, in central Colombia, is an important production area,... Continue Reading →
GlobalData revealed that a total of 38 oil and gas discoveries were made globally in Q3 2019. South America and Europe led globally with the highest number of oil and gas discoveries during the third quarter (Q3) of 2019, with eight discoveries each during the quarter, according to GlobalData. Out of eight discoveries in South... Continue Reading →
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, today announced its operational update for the three-month period ended September 30, 2019 (“3Q2019”). All figures are expressed in US Dollars and... Continue Reading →
ONGC Videsh, international business of the Indian oil company ONGC, has announced two discoveries in Brazil and Colombia. The company on Wednesday said it had made a major gas discovery at the Moita Bonita-2 well in the deepwater block BM-SEAL-4, Brazil in the Sergipe Alagoas Basin. Petrobras as operator of BM-SEAL-4 consortium with ONGC Videsh,... Continue Reading →
Brazil Energy Insight 