Agreement 2: Transforming the assignment of hydrocarbons areas in Colombia Part 3

Now Part 3 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on the Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting. This week’s contribution covers unconventional resources and some related issues in contracts signed before the 2012 Round. » Read More

Mapping the anti-oil referenda

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Mining in Colombia: what to expect

While some in the oil industry –and many ‘hard’ miners for that matter – may be offended by our view that there are commonalities, it is becoming hard to deny that the evolving social and political situation for both has common roots and is creating common legal precedents. The Colombo-Canadian Chamber of Commerce, together with Brigard & Urrutia law firm hosted the "Mining in Colombia: What to Expect" forum. HCC attended the event. » Read More

When does Colombia lose self-sufficiency?

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Agreement 2: Transforming the assignment of hydrocarbons areas in Colombia Part 2

Now Part 2 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting. This week’s contribution covers important transition issues (like the application of Agreement 2 to existing contracts) and gives Norton Rose Fulbright’s commentary on the Agreement based on last week’s ‘socialization’ by the ANH. » Read More

Barry Larson: Rebuilding Colombia’s largest private player

Barry Larson is well known to the Colombian industry from his time at Parex (TSX:PXT) and now has one of the highest-profile jobs in the industry: trying to convince investors that Frontera Energy Corporation (TSX:FEC) (formerly Pacific Exploration and Production (TSX:PEN)) is not the same as Pacific Rubiales from whose ashes the new company arose. » Read More

Agreement 2: Transforming the assignment of hydrocarbons areas in Colombia Part 1

Last October, Leopoldo Olavarría and the team at Norton Rose Fulbright offered to write a series of articles on the draft of Agreement 2 that was circulating at that time. We published three instalments but the draft was withdrawn before we could complete the series, making it pointless to publish the final segment – and frankly, making the other articles redundant as well. Now we have a signed agreement and we will have to live with it – for better or for worse – at least as long as this combination of MinMinas / ANH President are in their positions. Leopoldo and his team took up the challenge of writing about this important transformational agreement once again.  » Read More

Have to admit it’s getting better

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Gold and Communities, the Incomprehensible Conflict

No, we are not shifting Hydrocarbons Colombia into mining. Yes, we already wrote about Cajamaraca. But this unfortunate decision sets difficult precedents for the oil and gas industry. Here, Jorge Neher of Norton Rose Fulbright gives important arguments about why these referenda should not prevail over an objective determination of the common good for all Colombians. » Read More

Argentina’s gas sector at a glance

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