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In its latest earnings report, the company also reported that oil and gas production from Colombia and Brazil totaled 23,094boe/d working interest before royalties; 2015 production is expected to average 22,500-23,500boe/d on a working interest, before royalties basis.
In Peru, Gran Tierra was granted a three-year extension of the exploration period on block 107.
Colombia-focused Parex Resources reported second quarter production of 27,025b/d compared to annual output guidance of 26,500b/d, a year-over-year increase of 36% and an increase from the prior period production of 26,729b/d, the junior said in its 2Q15 results release.
BNamericas will host its 5th LatAm Power Generation Summit in Lima, Peru, on August 19-20 and its 9th South America Infrastructure & Energy Summit in Bogotá, Colombia, on September 9-10. Click here to download the agendas.