Positive Results in Columbia for P1 Energy
Private Calgary-based company P1 Energy Corp. announced that it found a significant amount of oil at the Llanos 32 Block in Columbia.
Private Calgary-based company P1 Energy Corp. announced that it found a significant amount of oil at the Llanos 32 Block in Columbia.
Colombia’s June crude oil output surged to an average 660,000 barrels a day from 585,000 barrels a day in the same month last year. For full story, click here
Ecopetrol SA, Colombia’s state- controlled oil company, stated first quarter profit dipped 30 percent because of declining crude prices. For full story, click here
Colombia’s state oil company Ecopetrol declared that it has signed an agreement with U.S. driller Anadarko to jointly explore for crude in an offshore Brazilian oil block. For full story, click here
President Alvaro Uribe stated that the Colombian government ordered a price reduction of fuel in response to low crude prices. For full story, click here
Petro Vista Energy Corp., an independent oil and gas exploration and production company, declared an update on its Colombia operations. For full story, click here
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