KEYFACT Energy
Hocol has signed an agreement with Chevron Petroleum Company to acquire its participation in the Chuchupa fields located in the department of La Guajira.
These fields are operated by Chevron through the Guajira Association Contract (57% Ecopetrol and 43% Chevron). Under the terms of the agreement, Hocol will acquire the Chevron share (43%), and will take the position of operator.
This transaction is subject to approval by the Superintendency of Industry and Commerce (SIC).
“We are committed to continue generating value to the country and the environments where we operate, as well as contribute to the gas supply for the Colombian north coast” affirmed Rafael Guzmán, President and CEO of Hocol.
Link to HOCOL Colombia country profile l Link to Chevron Colombia country profile