Pacific E&P Works To Make Bond Payments As Deadline Looms

The government's business watchdog stepped up its monitoring after the delay in bond payments, and is meeting weekly with the company and asking almost daily for cash flow information.

"These circumstances naturally have led us to have a special caution," regulatory superintendent Francisco Reyes said in an interview.

Pacific employs hundreds of oil industry companies that provide secondary services.

(Reporting by Nelson Bocanegra; Additional reporting by Julia Symmes Cobb in Bogota, Marianna Parraga in Houston and Marco Aquino in Lima; Writing by Julia Symmes Cobb)


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