Ecopetrol said that oil production by the group - which includes operations outside Colombia - increased 8.3% to 743,400 barrels of oil equivalent per day in the March quarter, versus the same period last year.
Company chief executive Javier Gutierrez said in an announcement that the company had reached record production levels during the quarter.
“Sales volume increased 5.6% in the previous twelve months as a result of market diversification strategy for crude oil and products, in the midst of a favourable price scenario in the international market,” he said.
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