13 Oct 2025

"Martínez, Quintero, Mendoza, González, Laguado & De La Rosa Facilitates $8.5 Million Sale of 60% Stake in Guachiría Sur E&P Contract"

"Colombian law firm Martínez, Quintero, Mendoza, González, Laguado & De La Rosa has facilitated the sale of a 60% stake in the Guachiría Sur Exploration and Production contract from Montajes JM to Petróleos Colombianos for USD 8.5 million, pending approval from the National Hydrocarbons Agency. Montajes JM will continue as the operator of the block, emphasizing strategic partnerships in Colombia's oil and gas sector to enhance production and efficiency. The advisory team was led by partners Darío Laguado and Felipe Aristizábal."

The Colombian law firm Martínez, Quintero, Mendoza, González, Laguado & De La Rosa represented Montajes JM in the sale of a 60% participating interest in the Guachiría Sur Exploration and Production (E&P) contract to Petróleos Colombianos. The transaction, valued at USD 8.5 million, is pending approval from Colombia’s National Hydrocarbons Agency (ANH). Upon completion, Montajes JM will continue to operate the block, ensuring operational continuity in a key oil and gas region of Colombia. This deal, which took place from June to October 2025, underscores the ongoing activity and portfolio optimization within Colombia’s oil and gas sector, as local companies pursue strategic partnerships to enhance production capacity and operational efficiency. The advisory team from Martínez, Quintero, Mendoza, González, Laguado & De La Rosa was led by partners Darío Laguado and Felipe Aristizábal, with support from senior associate Carmen Muñoz and associate Pablo Tovar.
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