GeoPark to buy Colombia oil and gas assets from Repsol

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 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
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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.
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