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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,
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.
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 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 Sells Colombian Assets in $530M Deal
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Repsol Reaches Agreement to Sell Colombian Exploration, Production Assets
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
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.
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 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.
11h
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 ...
esmmagazine.com
12h
Repsol Hits Renewable Fuels Milestone In Spain And Portugal
Repsol has hit what it describes as a 'significant milestone', with the opening of its 600th service station supplying 100% ...
Upstream
6h
Deal completed over oilfield with colourful past in Norway
Norwegian independent Lime Petroleum has wrapped up the acquisition of an additional 15% interest in one of the country's ...
The Corner
3d
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 ...
oedigital.com
3d
Repsol Gets $440K Fine for Halting NEO’s Production at Flyndre Field
The North Sea Transition Authority (NSTA) has issued its highest-ever fine of $440,000 (£350,000) on Repsol North Sea (RNS) ...
Upstream
4d
Repsol hit with ‘historic’ fine by UK oil regulator
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5d
Kepler Capital Remains a Buy on Repsol (0NQG)
In a report released on November 22, Pablo Cuadrado from Kepler Capital maintained a Buy rating on Repsol (0NQG – Research Report), with a ...
Euro Weekly News
3d
Hidden gems unveiled: 300 new ‘Soletes’ shine in Spain’s Repsol Guide
The latest Soletes Guía Repsol has introduced over 300 new award-winning establishments across Spain. Special emphasis is ...
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