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GeoPark to buy Colombia oil and gas assets from Repsol
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,
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.
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 To Buy Repsol Exploration And Production Assets In Colombia For $530 Mln
GeoPark Limited (GPRK), an oil and gas exploration and production company, Friday announced that it has signed a deal to acquire
GeoPark Announces Exclusive Binding Agreement to Acquire Repsol Exploration and Production Assets in Colombia
GeoPark Limited ("GeoPark" or the "Company") (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, announced today that the Company has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.
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 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 announces agreement to acquire Repsol exploration and production assets in Colombia
GeoPark Limited, an independent energy company with over 20 years of successful operations across Latin America, has announced that the Company has signed Sale and Purchase Agreements (SPAs) with Repsol Exploración S.
2d
GeoPark Limited: A Deep Value Play
GeoPark Limited offers strong growth potential in LATAM with low EV/EBITDA and Price/Cash Flow ratios. See why I rate GPRK ...
unilad
7d
Huge ancient forest world discovered 630ft down sinkhole in China
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4d
Located On Germany's Romantic Road Is A Town With An Out-Of-This-World Origin Story
Long before nations, borders, or even people existed, the town now known as Nördlingen along Germany's Romantic Road had an ...
10d
TANZANIA-ARUSHA-GEOPARK-GROUNDBREAKING
Tanzanian Minister of Natural Resources and Tourism Pindi Chana 3rd L front and Chinese Ambassador to Tanzania Ch ...
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