How We Operate

Business Model

Four interlocking pillars that convert exploration into recurring cash generation.

Key Relationships

ANH and ANLA regulatory compliance, community engagement and long-term commercial agreements with the bunker sector.

Key Activities

Hydrocarbon exploration via seismic studies, crude oil production and commercialization to the bunker sector.

Key Resources

Trained E&P personnel, drilling equipment and facilities, and environmental licenses for the Joropo Block.

Value Proposition

High-quality crude through efficient operations, reliable bunker supply and full environmental compliance.

Economics

Financial Overview

A disciplined cost structure paired with a recurring, contracted revenue stream.

Cost Structure

Exploration & Drilling Costs

Seismic studies, well drilling and geological evaluations.

Operating Costs

Equipment maintenance and personnel. OPEX: $18/Bbl.

Commercialization Costs

Sale, transport and regulatory compliance.

Revenue Stream

Crude Oil Sales

Bunker sector revenue.

Gross: $574.08M
Long-Term Contracts

Recurring income — net FCF.

Net FCF: $397.78M
Drilling rig at Joropo Block
Vision & Mission

Where we are going — and how we will get there.

Vision

To be a leading company in the hydrocarbon sector in Colombia, recognized for operational excellence and commitment to social and environmental development.

Mission

To carry out the exploration and exploitation of hydrocarbons in Colombia efficiently, maximizing value for shareholders and contributing to sustainable development.

Execution

Operating Strategy

Three disciplines that anchor day-to-day operations and long-term sustainability.

Resource Optimization

Advanced technologies in E&P to maximize production and reduce costs across the field life.

Risk Management

Operational, financial and regulatory sustainability through continuous audits and strict compliance.

Community Relations

Positive relationships through social development programs and open, continuous communication.

We work together for a better future!