Table of Contents Executive Summary 2 Market value 2 Market value forecast 2 Market volume 2 Market volume forecast 2 Category segmentation 2 Geography segmentation 2 Market rivalry 2 Market Overview 7 Market definition 7 Market analysis 7 Market Data 9 Market value 9 Market volume 10 Market Segmentation 11 Category segmentation 11 Geography segmentation 12 Market Outlook 13 Market value forecast 13 Market volume forecast 14 Five Forces Analysis 15 Summary 15 Buyer power 17 Supplier power 18 New entrants 19 Threat of substitutes 21 Degree of rivalry 22 Leading Companies 23 Chevron Corporation 23 Ecopetrol S.A. 27 Exxon Mobil Corporation 30 Frontera Energy Corp 33 Macroeconomic Indicators 37 Country data 37 Methodology 39 Industry associations 40 Related MarketLine research 40 Appendix 41 About MarketLine 41

List of Tables Table 1: Colombia oil & gas market value: $ billion, 2013-17 Table 2: Colombia oil & gas market volume: million barrels of oil equivalent, 2013-17 Table 3: Colombia oil & gas market category segmentation: $ billion, 2017 Table 4: Colombia oil & gas market geography segmentation: $ billion, 2017 Table 5: Colombia oil & gas market value forecast: $ billion, 2017-22 Table 6: Colombia oil & gas market volume forecast: million barrels of oil equivalent, 2017-22 Table 7: Chevron Corporation: key facts Table 8: Chevron Corporation: key financials ($) Table 9: Chevron Corporation: key financial ratios Table 10: Ecopetrol S.A.: key facts Table 11: Ecopetrol S.A.: key financials ($) Table 12: Ecopetrol S.A.: key financials (COP) Table 13: Ecopetrol S.A.: key financial ratios Table 14: Exxon Mobil Corporation: key facts Table 15: Exxon Mobil Corporation: key financials ($) Table 16: Exxon Mobil Corporation: key financial ratios Table 17: Frontera Energy Corp: key facts Table 18: Frontera Energy Corp: key financials ($) Table 19: Frontera Energy Corp: key financial ratios Table 20: Colombia size of population (million), 2013-17 Table 21: Colombia gdp (constant 2005 prices, $ billion), 2013-17 Table 22: Colombia gdp (current prices, $ billion), 2013-17 Table 23: Colombia inflation, 2013-17 Table 24: Colombia consumer price index (absolute), 2013-17 Table 25: Colombia exchange rate, 2013-17List of Figures Figure 1: Colombia oil & gas market value: $ billion, 2013-17 Figure 2: Colombia oil & gas market volume: million barrels of oil equivalent, 2013-17 Figure 3: Colombia oil & gas market category segmentation: % share, by value, 2017 Figure 4: Colombia oil & gas market geography segmentation: % share, by value, 2017 Figure 5: Colombia oil & gas market value forecast: $ billion, 2017-22 Figure 6: Colombia oil & gas market volume forecast: million barrels of oil equivalent, 2017-22 Figure 7: Forces driving competition in the oil & gas market in Colombia, 2017 Figure 8: Drivers of buyer power in the oil & gas market in Colombia, 2017 Figure 9: Drivers of supplier power in the oil & gas market in Colombia, 2017 Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in Colombia, 2017 Figure 11: Factors influencing the threat of substitutes in the oil & gas market in Colombia, 2017 Figure 12: Drivers of degree of rivalry in the oil & gas market in Colombia, 2017 Figure 13: Chevron Corporation: revenues & profitability Figure 14: Chevron Corporation: assets & liabilities Figure 15: Ecopetrol S.A.: revenues & profitability Figure 16: Ecopetrol S.A.: assets & liabilities Figure 17: Exxon Mobil Corporation: revenues & profitability Figure 18: Exxon Mobil Corporation: assets & liabilities Figure 19: Frontera Energy Corp: revenues & profitability Figure 20: Frontera Energy Corp: assets & liabilities