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Magico-2X, the second well of the six-well 2026 drilling program at Sinú-9, was spudded on June 26, 2026, primarily targeting the newly discovered Pre-CDO–San Cayetano formation. INFRAES pipeline loop to Jobo has been completed; commissioning activities at the Jobo and Guayabal facilities are underway over the coming weeks, expected to increase transportation capacity at Sinú-9 to 40–45 MMcf/d gross (15.6–17.6…

Aruchara-5 successfully drilled to a total depth of 9,097 feet, hitting the H1 target as designed and passing through the H2, H3, H4, H5 and H6 zones, with all zones showing positive results of gas at the surface and through wireline logs Aruchara-5 has been completed and connected to the central processing facility and an evaluation of well performance is underway through the CPF with new gas volumes being sold…

Q1 production and financial highlights: Q1 2026 natural gas and NGL sales of US$9.5 million, a 48% increase year-over-year at a blended realized natural gas price of US$8.50/Mcf and average daily net production of 12,413 Mcf/d, comprising 8,227 Mcf/d net from Maria Conchita and 4,186 Mcf/d net from Sinú-9. Pricing dynamics Colombia: Incremental production expected to achieve pricing of ~US$11.50/Mcf at Maria…

Pre-CDO–San Cayetano interval discovered during drilling of the Hechicero-1X well with a net pay of 103 ft. Initial well tests from this interval delivered a production rate of 26.4 MMcf/d on a 43/128 choke with 1,800 psi well-head pressure.