CEPSA began exploration in Colombia in 2001. At present it has holdings in 18 Exploration and Production (E&P) projects in the Los Llanos Basin and the Upper Magdalena River Valley, 9 of which are operated by CEPSA.

In the Upper Magdalena Valley, the Espinal Block is currently in operation, in which CEPSA has a 15% stake. In the North Cañada field CEPSA has a 16.7% holding.

In the Los Llanos Basin we currently operate the Caracara and Tiple blocks after acquiring 70% of the exploitation rights. The result of the latest geological studies carried out in Caracara was the recognition of 5 million barrels of crude oil reserves, with CEPSA being entitled to 3.2 million barrels of this total.

In this same basin, CEPSA and Petrobras announced the discovery of oil in the Balay-1 well. Another discovery was also made in the Garibay block, in which CEPSA is the operator with a 50% holding. Extensive tests are currently underway to determine their commercial viability.

In 2011 CEPSA acquired a 5% holding in Oleoducto Central S.A. (OCENSA), the company that owns Colombia's main oil pipeline. This investment has given CEPSA access to the petroleum infrastructure and has strengthened its position in the country.





Calle 113 # 7 – 80. Teleport, Torre AR; piso 9

+57 1 6583800 (Ext. 29300)

Phone number: +57 1 6583800 (Ext. 29300)