GeoPark to buy Colombia oil and gas assets from Repsol

GeoPark signs exclusive binding agreement to Acquire Repsol’s Colombian assets
GeoPark has entered into exclusive binding sales and purchase agreements (SPAs) to acquire Repsol's upstream oil and gas assets in Colombia, marking a significant expansion of its operations in the Llanos Basin.
Repsol sells Colombian oil and gas assets for $530 million
Spanish oil company Repsol has agreed to sell oil and gas production assets in Colombia to Geopark for $530 million, the two companies said on Friday.
GeoPark to buy Colombia oil and gas assets from Repsol in $530M deal
GeoPark (NYSE:GPRK) said Friday it agreed to acquire oil and gas production assets in Colombia from Repsol (OTCQX:REPYF) (OTCQX:REPYY) for $530M. The assets include Repsol's (OTCQX:REPYF) (OTCQX:REPYY) 45% share of an oil extraction operation in central Colombia and a 25% stake in SierraCol Energia Arauca,
Repsol to Sell Upstream Assets in Colombia for $530 Million
Repsol sells oil and gas assets in Colombia to GeoPark for $530 million, reflecting its portfolio shift towards low-carbon energy and challenges faced by Colombia's oil industry.
GeoPark Expands Colombian Oil Assets with Repsol Deal
GeoPark (GPRK) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At 40%
GeoPark Seals $530 Million Colombian Oil & Gas Asset Acquisition Deal With Repsol
Geopark Ltd (NYSE:GPRK) shares are trading higher premarket on Friday. The company disclosed that it has signed Sale and Purchase Agreements with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol’s upstream oil and gas assets in Colombia.
GeoPark agrees to acquire upstream oil, gas assets in Colombia from Repsol
GeoPark Ltd. has agreed to acquire upstream oil and gas assets in Colombia from Repsol Exploración SA and Repsol E&P SARL for $530 million. The acquisition would add assets in Llanos basin, one of the country’s most productive oil regions where GeoPark has existing operations, the company said in a release Nov. 29.
Repsol sells Colombian assets for $530 million
Spanish oil company Repsol has agreed to sell a pair of onshore production assets in Colombia to Latin America-focused GeoPark for $530 million. The transaction is part of the company’s portfolio rotation strategy that aims to dispose of €4 billion ($4.22 billion) worth of assets to fund investments in renewable energy.
Repsol Sells Colombian Assets in $530M Deal
Repsol (ES:REP) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At 40%
Upstream1h
McDermott wins prized engineering deal for key offshore project in Mexico
When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising ...
Zacks.com on MSN2h
GeoPark Expands in Colombia With Strategic Repsol Acquisition
GeoPark Limited GPRK recently announced its accord with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol, S.A.’s REPYY upstream oil and gas assets in Colombia. An Insight Into GPRK’s ...
Bernstein Sticks to Their Hold Rating for Repsol (0NQG)
Bernstein analyst Oswald Clint maintained a Hold rating on Repsol (0NQG – Research Report) yesterday and set a price target of €14.80. The ...
oedigital.com55m
McDermott Secures FEED Contract for Repsol’s Deepwater Fields Off Mexico
McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México for the Polok and ...
The Corner6d
Repsol ‘still awaiting’ solution to possible extension of tax on energy companies
Luis Cabra Dueñas, deputy general director of the oil company, said that the energy transition plans in Spain ‘are still ...
Repsol Completes Share Buyback and Capital Reduction
Repsol (ES:REP) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At 40% ...