Perenco Operations in Colombia

=Overview=

In Colombia, Perenco operates under its subsidiary Perenco Colombia Ltd, founded in 1993 and based in Bogota.

=Activities=

Perenco's assets in Colombia as of 2011 lay in the Llanos Basin (at the fields of Casanare; Estero; Coracora; Garcero; Orocue and Yalea), remote sites where the company claims to have made the operations economical by rationalising operational costs. As of early 2012 the company's drilling campaign had resulted in the drilling of 41 development wells and 11 exploratory wells.

=Criticisms=

Press reports have alleged that Perenco has provided funding for paramilitary groups in Colombia, as well as accusations of disregard of environmental protection procedures and harrassment of union members. As of January 2012 none of Perenco's directors had been subject to a criminal investigation.

=References=