RE:Upcoming Election Politicians talk tough to their base to gain power...................in the end it's mostly theatre..........30 % of Colombia's economy is oil and gas related.....this represents stability................you won't last long if unemployment spikes higher.....or people have to scrouge for firewood to cook......no matter matter how green your head is thinking................... development permits are decades long as well.................. when government owns a piece of the action...........don't bet they will cut off their own cash flow..............nat gas is the transition fuel anyway............with no immediate substitution on the horizon...........and demand growing faster than supply worldwide.............
I think this is a buying opportunity while many maybe gun shy................the latest twist with the potential of 200 million barrels of 33 api in the western part of Sinu -9.............makes this risk reward profile a whole lot more lucrative.............near term cash flow start up is perfect timing in the oil /gas space, as prices are at historic highs.............risk is everwhere..........each to there own !
Just my take............and I don't put all my eggs in one basket !