Our
history
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.
In December 2020, we became a standalone independent company, by acquiring the onshore assets and operations of Occidental Petroleum Corporation in Colombia.
21
blocks
13 producing 8 exploratory
94%
high-quality oil
25°–35° API low sulfur
129
mmboe
2P reserves
42
kboed
Share Before Royalties ("SBR") production
0.9x
58% Adj. EBITDAX margin
B+B1
Fitch
Moody’s
0.30
TRIR
30%
reduction of net carbon emissions
by end of 2025