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Colombia's Ecopetrol May Farm Out Oil Production Stakes in 2015

2015-04-19 21:42:02| Jewelry - Topix.net

Colombia's state-controlled oil company Ecopetrol SA may farm out some production assets as part of its effort to improve its portfolio, said Simon Gaviria, head of the National Planning Department. "It could happen this year if you recalibrate the portfolio to make sure that, in our back-to-basics strategy, Ecopetrol works on its basic assets," Gaviria, who is an Ecopetrol board member, said in an interview in Washington.

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