Ecopetrol and Shell join efforts to develop the gas province of the Colombian Caribbean
Monday 10 February 2020
Ecopetrol S.A. (BVC: ECOPETROL,NYSE: EC) and Shell, through its subsidiary Shell EP Offshore Ventures Limited ("Shell") have signed an agreement where Shell will acquire a 50% stake in Fuerte Sur, Purple Angel and COL-5 blocks, located in the Colombian Caribbean deep-water, where a new gas province was discovered including the Kronos (2015), Purple Angel and Gorgon (2017) wells.