Ecopetrol Eyes Buying Carlyle’s Colombia Asset to Boost Reserves

Ecopetrol Eyes $1.5 Billion SierraCol Energy Deal Amid Declining Reserves

Colombia’s state-owned oil company, Ecopetrol, is considering acquiring SierraCol Energy, the country’s largest independent oil producer, from Carlyle Group for $1.5 billion. This potential acquisition reflects Ecopetrol’s urgent need to boost its oil and gas reserves as Colombia faces declining resources and restrictive exploration policies under President Gustavo Petro. SierraCol Energy produces approximately 45,000 barrels […]

Ecopetrol Eyes Buying Carlyle's Colombia Asset to Boost Reserves

(Bloomberg) — Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview.

Ecopetrol Eyes Buying Carlyle’s Colombia Asset to Boost Reserves

Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview.

Citi: Purchase of SierraCol by Ecopetrol would be positive for reserves, production and valuation. Image: Valora Analitik It has been known in recent days that the Colombian state oil company Ecopetrol analyzes the acquisition of its colleague SierraCol Energy, the largest independent exploration and production company (E&P) in Colombia. Currently, SierraCol is in the process of sale by its controller, The Carlyle Group. The investment firm woul…

Carlyle Group seeks to sell SierraCol Energy, Colombia’s largest independent oil producer, for $1.5 billion

Linklaters advises Carlyle on a €250 million strategic investment in Sanoptis

Linklaters has advised Carlyle, the global investment firm, on its €250 million strategic investment in Sanoptis, a European leader in ophthalmology services. The investment, which is through preferred equity, is expected to fund Sanoptis’ growth and expansion, including through strategic M&A, and investment in state-of-the-art technologies and treatments. Majority-owned by investment company Groupe Bruxelles Lambert, Sanoptis has over 450 locat…