Parex Has Operated in Colombia for Over 15 Years...Whatever geopolitical risk there is or has been in the past, the company was able to manoeuvre around it, and I believe they will continue to.
For this, I would give the management full credit. They've been able to get close to the Government and even sign a contract with the Government run and operated Ectoprol for a partnership and farm in to prolific areas of land owned by EC.
If 15 years of operating in Colombia and having the ability to operate together with a Government run E&P conglomerate aren't enough to give investors confident that Parex management has and will be able to operate freely and profitably as they have for over 15 years, then they shouldn't invest here.
Parex & Ecopetrol Sign Definitive Agreement for Llanos Trend Apr. 11/24