RE:QuestionAll of their production is conventional oil production. They have drilled some horizontals into fractured carbonate reservoirs in the Putumayo (the A Limestone), but those are naturally fractured and do not require hydraullic fracturing. They do small acid squeezes on those to open up the fractures for better production performance.
With the collapse of oil prices they are going to have to cut capex. Brent is now $20 below their low end of price guidance, which was $55.