Parex Resources Announces Enhanced Strategic Partnership with Ecopetrol and Provides Operational Update [Yahoo! Finance]
Ecopetrol S.A. American Depositary Shares (EC)
US:NYSE Investor Relations:
ecopetrol.com.co/wps/portal/web_es/ecopetrol-web/corporate-responsibility/sustainability/bank-of-best-practices/investors
Company Research
Source: Yahoo! Finance
S.A. (“Ecopetrol”), are pleased to announce that they have executed agreements whereby Parex will earn a 50% working interest (“W.I.”) in four blocks located in the Putumayo Basin of Colombia (“Putumayo Blocks”) as well as the Farallones Block in the Llanos Foothills of Colombia (“Farallones Block”). Additionally, the Company provides an operational update and reports that it is abandoning the Arantes exploration well at LLA-122 (50% W.I.). All amounts herein are in United States Dollars (“USD”) unless otherwise stated. “The agreements announced today align with Parex's strategy and add significant, lower-risk development & exploitation inventory, while consolidating our position in the Llanos Foothills trend where world-class exploration potential exists,” commented Imad Mohsen, President & Chief Executive Officer. “The longstanding partnership between Parex and Ecopetrol is further reinforced by these agreements. I am particularly excited about the re-development opportunities t
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News
- Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces changes in senior management and the appointment of a legal representative [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces changes in senior management and the appointment of a legal representativePR Newswire
- Ecopetrol Plans to Build Latin America's Largest Green Hydrogen Plant [Yahoo! Finance]Yahoo! Finance
- The Ecopetrol Group is expected to invest between 24 and 28 trillion pesos in 2025 [Yahoo! Finance]Yahoo! Finance
EC
Sec Filings
- 12/16/24 - Form 6-K
- 12/2/24 - Form 6-K
- 12/2/24 - Form 6-K
- EC's page on the SEC website