This article is 11 years old. Images might not display.
In a shareholders’ notification filing late last week, the producer said it was in early talks to sell some of its interests in the Andean nation, including the Canaverales and Papayal complexes held by subsidiary CCX Colombia.
Officials said in the filing that the talks were preliminary and not binding.
It did not identify any further details on the transaction and did not detail the potential buyer or buyers.
In July, CCX confirmed board members Bruno de Rossi Chevalier and Rodolpho Tourinho Neto had resigned from their positions.
No reason was given for the departures.
EGX, a conglomerate of mining, energy and logistics companies all controlled by Brazilian billionaire Eike Batista, confirmed plans earlier this year to delist CCX on poor market conditions.
However, the magnate postponed the plans in June.
He later said he would delist the company by buying back its shares in exchange for stock in other companies in his larger portfolio.
According to Forbes, 56-year-old Batista’s net worth in March 2013 was $10.6 billion.
