A CIBC analyst is convinced Ecopetrol (EC) will take over production at Colombia's top-producing...

|About: Ecopetrol S.A. (EC)|By:, SA News Editor

A CIBC analyst is convinced Ecopetrol (EC) will take over production at Colombia's top-producing Rubiales oilfield after Pacific Rubiales’ (PEGFF.PK) license expires in 2016, but CEO Ronald Pantin thinks his "special relationship" with EC will protect the cornerstone of his company. But in case it doesn't, Pacific Rubiales has spent more than $1B hunting for oil in and out of the country.