PUTUMAYO

Gran Tierra Energy Inc. Announces 2024 Guidance and Operations Update

Retrieved on: 
Tuesday, January 23, 2024
Human rights, Total, Social, API, BOPD, Security, Public expenditure, VPI, Tax, GAAP, Investment, Safety, LTI, Depreciation, Transport, Capital, Economic development, Development, Base, Nature, Base case, High Impact, Growth, Bank

Costayaco: in this oil field, located in the northern Putumayo Basin, Gran Tierra plans to drill 3 to 5 development wells.

Key Points: 
  • Costayaco: in this oil field, located in the northern Putumayo Basin, Gran Tierra plans to drill 3 to 5 development wells.
  • Gran Tierra’s 2024 exploration drilling is planned to follow up on the encouraging results from the Company’s 2022 exploration program.
  • Gran Tierra remains focused on generating strong Free Cash Flow2, ongoing net debt5 reduction and shareholder returns via share buybacks.
  • Share Buybacks: During 2024, Gran Tierra plans to allocate up to approximately 50% of its Free Cash Flow to share buybacks in the Base Case.

Gran Tierra Energy Inc. Announces Contract Agreement for the Suroriente Block

Retrieved on: 
Tuesday, April 11, 2023
Agreement, LSE, Partnership, Life, GTE, WI, Investment, Superintendent (construction), NYSE American, TSX, NYSE, EOR, Commerce, Renewable energy, Oil, Gran Tierra Energy

Gran Tierra will continue to be the operator of Suroriente and is committing to a capital investment program of $123 million over a three-year period from the Agreement’s effective date, expected to be funded by Gran Tierra’s internal cash flow.

Key Points: 
  • Gran Tierra will continue to be the operator of Suroriente and is committing to a capital investment program of $123 million over a three-year period from the Agreement’s effective date, expected to be funded by Gran Tierra’s internal cash flow.
  • Gran Tierra became the operator of Suroriente in March 2019 with a 52% working interest (“WI”), with Ecopetrol holding the remaining 48% WI.
  • By continuing the tenure of its operatorship of Suroriente, Gran Tierra expects to expand the EOR project in the block through long-term investments, which the Company forecasts to further increase value for all stakeholders.
  • By securing the Agreement, Gran Tierra can now commit to long-term capital projects and development programs with plans of optimizing the oil recovery and value for the Suroriente Block.

GeoPark Business Activity Update

Retrieved on: 
Monday, December 20, 2021
Oil, Gas, Energy, Forward-looking statement, U.S. Securities and Exchange Commission, Government, Company, Jandaya parakeet, NYSE, Platanillo, Geopark, SEC, ANH, Mining, Alea, Oil, Natural gas, Animal, Internet service provider

GeoPark Limited (GeoPark or the Company) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator today provides an operations and business update.

Key Points: 
  • GeoPark Limited (GeoPark or the Company) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator today provides an operations and business update.
  • The well shows higher productivity rates and improved reservoir conditions than neighboring wells, opening new drilling opportunities that will be tested in 2022.
  • Jacana 49 is located close to the southwest limits of the field and 1.7 km from the CPO-5 block
    In the Platanillo block (GeoPark operated, 100% WI) - Putumayo basin:
    Successfully drilled the Alea Oeste 1 development well, with completion and testing activities currently underway.
  • Forward-looking statements are based on managements beliefs and assumptions, and on information currently available to the management.

GeoPark Announces 2022 Work Program and Investment Guidelines

Retrieved on: 
Wednesday, November 10, 2021
Oil, Gas, Energy, Mission statement, Contract, Capital expenditure, Depreciation, IFRS, EBITDA, Acquisition, Income tax, Geopark, Samsung Galaxy Note 4, Webcast, Eastern Standard, Share repurchase, Mining, Airline, Medical device, Oil

Certain activities included in the 2022 work program are subject to obtaining required environmental, social or other regulatory approvals, or in the blocks where GeoPark is not the operator, they are subject to timely execution by the operator.

Key Points: 
  • Certain activities included in the 2022 work program are subject to obtaining required environmental, social or other regulatory approvals, or in the blocks where GeoPark is not the operator, they are subject to timely execution by the operator.
  • GeoParks 2022 work program can be rapidly adapted to different oil price scenarios, illustrating the high quality of its assets, its low-break-even production and strong financial performance even in volatile oil price environments.
  • GeoPark intends to use a portion of excess cash flow generation in 2022 for continuing deleveraging.
  • GeoPark management will host a conference call on November 11, 2021, at 10:00 am (Eastern Standard Time) to discuss the 3Q2021 results and the work program and investment guidelines for 2022.

GeoPark Reports Production and Operations Update in Colombia

Retrieved on: 
Tuesday, June 1, 2021
Oil, Gas, Energy, Articles, Geology of Colombia, Earth sciences, Environmental education, Geography, Geology, Geopark, Science education, Llanos Basin

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, Ecuador, Chile, Brazil and Argentina provides a production and operations update related to the ongoing situation in Colombia.

Key Points: 
  • 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, Ecuador, Chile, Brazil and Argentina provides a production and operations update related to the ongoing situation in Colombia.
  • Over recent days, conditions for the Companys normal operations in the Llanos basin have been improving and a significant portion of its curtailed production has been brought back online.
  • Currently, net production curtailments vary between 4,000-5,000 boepd, of which approximately 50% correspond to the Platanillo block, which is shut in.
  • GeoParks net consolidated oil and gas production is currently at 35,000-36,000 boepd, compared to an average production of 38,131 boepd in 1Q2021.

Canacol Energy Ltd. Provides Operations Update

Retrieved on: 
Wednesday, May 19, 2021
Petroleum production, Workover, Natural gas, Fuels, Petroleum industry

b'CALGARY, Alberta, May 19, 2021 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following information concerning its operations in Colombia.\nDespite the civil disturbances occurring in Colombia related to the national strike, Canacol\'s gas sales and drilling operations remain uninterrupted.

Key Points: 
  • b'CALGARY, Alberta, May 19, 2021 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) provides the following information concerning its operations in Colombia.\nDespite the civil disturbances occurring in Colombia related to the national strike, Canacol\'s gas sales and drilling operations remain uninterrupted.
  • Given that Canacol\'s gas sales are delivered via pipeline, the transportation and delivery of gas to its clients has been uninterrupted.
  • As recently announced by other oil focused Colombian producers, the blockades have been disruptive to transportation of crude oil, drilling and workover equipment, and personnel.
  • The Corporation\xe2\x80\x99s operations, which are located in the Lower Magdalena basin where there are few blockades, have not been adversely affected.\nCanacol is a natural gas exploration and production company with operations focused in Colombia.

The winners of the first Unlike Portrait Awards have been announced

Retrieved on: 
Thursday, February 25, 2021
Health care, Primary care

The Unlike Portrait Awards partnered with the Quina Care Foundation, a non profit organisation that improves medical health care in Putumayo.

Key Points: 
  • The Unlike Portrait Awards partnered with the Quina Care Foundation, a non profit organisation that improves medical health care in Putumayo.
  • The first edition of the Unlike Portrait Awards (2020) was an outstanding success, both in terms of quantity and quality of the received submissions.
  • The full list of winners can be viewed at the Unlike Portrait Awards website.
  • The 2nd edition of the Unlike Portrait Awards is now open for submissions until December 1st 2021.