English
Back
Download
Log in to access Online Inquiry
Back to the Top

NEWS

GeoPark Announces Exclusive Binding Agreement to Acquire Repsol Exploration and Production Assets in Colombia
GeoPark has signed Sale and Purchase Agreements with Repsol to acquire their upstream oil and gas assets in Colombia.
The $530 million acquisition includes a 45% non-operated stake in the CPO-9 Block and a 25% interest in Llanos Norte, collectively producing about 16,000 boepd.
The assets are located in the prolific Llanos Basin, where GeoPark already operates successfully.
The deal will be funded through cash and a $345 million non-recourse debt facility arranged by Macquarie Bank
The transaction aligns with GeoPark's 'North Star' growth strategy and complements their recent entry into Argentina's Vaca Muerta play.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
3340 Views
Comment
Sign in to post a comment