SierraCol Energy is
the No. 1 independent producer in Colombia
SierraCol Energy is the No. 1 independent producer in Colombia
We are a material, full-cycle oil and gas exploration and production company, with headquarters in Bogotá, Colombia, and operations in conventional onshore oil assets in the Llanos, Middle Magdalena and Putumayo basins.
Our history
In December 2020, we became a standalone independent company, by acquiring the onshore assets and operations of Occidental Petroleum Corporation in Colombia.
Our strategy has allowed us to be resilient through full price cycles
Our strategy is to maintain our long-dated track record of stable production and cash generation, while sustainably growing free cash flow over time by developing efficiently
our significant base of reserves and resources. We leverage on our structurally advantaged assets due to scale, high-quality oil and low transportation costs.
our significant base of reserves and resources. We leverage on our structurally advantaged assets due to scale, high-quality oil and low transportation costs.
In December 2020, we became a standalone independent company, by acquiring the onshore assets and operations of Occidental Petroleum Corporation in Colombia.
19
blocks
11 producing 8 exploratory
94%
high-quality oil
25°–35° API low sulfur
116
mmboe
2P reserves
44
kboed
Share Before Royalties
("SBR") production
Share Before Royalties
("SBR") production
0.6x
net leverage
B+ B1
Fitch Moody’s
Stable outlook
0.6
TRIR
50%
reduction of net carbon emissions
by 2023