From Reuters The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest review of the shipments. U.S. Energy Secretary Rick Perry said in release that the so-called small scale rule will reduce
Sterling Resources speeds up Bretana field development Peru-focused E&P Sterling Resources Ltd. (ticker: SLG) has advanced the 2018 capital program at the Bretana field in Northeast Peru. Last December, the company acquired 100% working interest in the field. At the time, the company estimated that the project would come online in 10 to 12 months for ~$24.6 million. Project’s budgeted
Latin American E&P operator GeoPark Limited (ticker: GPRK) released a production update today, noting that current production is currently at 35 MBOEPD. This figure includes production from the recent Argentina acquisition. Oil production increased by 33% to 27,345 BOPD (up 8% compared to Q4 2017) Colombian oil production increased by 37% to 26,303 BOPD (up 8% compared to Q4 2017)
‘For every barrel produced, we replaced it with almost three proven barrels’ – GeoPark CEO James Park EnerCom Dallas presenter GeoPark Limited (ticker: GPRK) recently received an independent appraisal of reserves covering 100% of the company’s assets in Colombia, Chile, Brazil, Peru and Argentina. Following GeoPark’s oil and gas production of 10.2 MMBOE in 2017, the company received certified 2P
Latin America-focused Frontera Energy Corporation (ticker: FEC) announced an exit rate production, after royalties and internal consumption, of 71,015 BOEPD as of December 31, 2017. According to a company statement, exit rate production included 8,240 bbl/d from Block 192 in Peru, which was above previous range expectations of 6,000 to 8,000 bbl/d. Company-wide average production in the fourth quarter was
EnerCom Dallas will feature upside opportunities in oil and gas March 1-2, 2017 – at the Tower Club Downtown Dallas On March 1 at 7:00 a.m. CST, just one week away, the EnerCom Dallas oil and gas investment conference will open its doors, allowing institutional investors to kick the tires of about 40 publicly traded independent oil and gas companies
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