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Colombia

Perenco began operations in Colombia in 1993 after acquiring assets in the Llanos basin. Perenco operates five association contracts (Casanare, Estero, Corocora, Garcero, and Orocue), two ANH contracts (Oropendola and Llanos45, in exploration phase), one concession contract (Yalea) and one non-operated contract (SIN3, in exploration phase).

Operations in Colombia have focused on developing these isolated fields, spread over 9 000 km2, by integrating them into a single operation. Perenco has succeeded in making these remote sites economical by rationalizing operational costs, and by developing social programmes over more than eight municipalities where 6 150 families have directly benefited from health, education and infrastructure projects during 2013.

The company's ongoing drilling campaign has already involved a total of 55 development wells and 11 exploratory wells. 240 km2 seismic programme on Corocora and Llanos45 were carried out during 2013.

In 2013, the drilling campaign included two wells on La Gloria and Cravo Sur, one well on Trinidad targeting attic oil, two wells on Oropendola and 30 well interventions (production optimisation, Oil behind casing, ESP changes, etc). In total these wells have added close to 4 000 bopd through production optimisation.

In September 2013, Perenco signed a SPA to acquire Petrobras Colombia's assets including interests in 11 onshore exploration and production blocks and participations in the Colombia and Alto Magdalena oil pipelines.

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