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Candid One

02/18/23 8:49 PM

#48341 RE: energybuyer #48339

Now the cheerleaders hinting that contracts will go forward?? What contracts ?? They sure don't involve iahl .. responsible companies explain themselves to shareholders . They don't go open other companies .. like door ding protection companies while leaving their investors wondering who is at the helm. Criminal behavior I think . Sec probably thinks so too . That's why they're not trading . SEC considers these disreputable pennies that string you along and never file any financials or give any legitimate news releases ... Potentially criminal enterprises

energybuyer

02/18/23 10:56 PM

#48347 RE: energybuyer #48339

Colombia's existing hydrocarbon exploration and production contracts guarantee natural gas self-sufficiency for the next 15 years, according to a new government report.

The country could even produce enough gas for LNG liquefaction projects, which would help to reduce the current account deficit through gas exports, it said.

The report says there were 381 active E&P contracts in Colombia at the end of November. The figure comprises 331 that fall under the supervision of national hydrocarbons agency ANH, 49 that are overseen by state company Ecopetrol and one concession agreement.

Nine of the contracts are for unconventional deposits while 207 have exploration areas and 115 are in the production stage only.

"It is important to clarify that a single contract may contain areas in the exploration and production stages simultaneously," it said.

Twenty-nine of the contracts "with the largest prospective resources" target natural gas while 11 are for oil.