CALGARY, AB (By Frontera, 14.Aug.2026, Words: 858) â For Frontera Energy Corporation, the second quarter marked the completion of a significant transformation for the company, according to Frontera chairman of the board of directors Gabriel de Alba. “Through the plan of arrangement involving Parex Resources Inc. and the subsequent return of […]
Tag: Ecopetrol Group
ECOPETROL advances in acquisition of equity stake in Brava Energia
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 26.May.2026, Words: 259) â Ecopetrol Investimentos do Brasil LTDA, the Brazilian subsidiary of state-owned ECOPETROL S.A. launched a voluntary tender offer (TO) on Brazil’s B3 stock exchange at a price of R$23.00 per share to acquire 116,110,717 common shares of Brava […]
Ecopetrol Reveals 2Q:24 Results
(Ecopetrol, 12.Aug.2024) â During the Second Quarter of 2024 (2Q24), Ecopetrol Group confronted a challenging environment, which continues to be impacted by several external variables, including the revaluation of the Colombian peso, inflationary pressures, and a decrease in the prices of our refined products. We managed these challenges with resilience, maximizing operational […]
Ecopetrol Reports Reserve-Replacement Ratio of 200% in 2021
(Ecopetrol, 7.Feb.2022) â Ecopetrol S.A. (BVC: ECOPETROL,NYSE: EC) announced its consolidated proven oil, condensate, and natural gas reserves (1P reserves, according to the standard international denomination), which include the results of Ecopetrol and its subsidiaries, as of 31 December 2021. HIGHLIGHTS: Proven oil and gas reserves increased by 13%, up to 2,002 […]
Ecopetrol Reports Positive 3Q:20 Results
(Ecopetrol, 28.Oct.2020) â Ecopetrol S.A. announced the Ecopetrol Group’s financial results for the third quarter and the first nine months of 2020. Financial results were prepared in accordance with the International Financial Reporting Standards applicable in Colombia. *Ebitda adjusted to exclude the effect of the Voluntary Retirement Plan amounts to […]