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Repsol, GeoPark and Colombia
GeoPark terminates acquisition of Repsol's Colombian oil and gas assets
GeoPark will not go ahead with its planned $530 million acquisition of Spain-based Repsol's oil and gas production assets in Colombia, the company said on Tuesday.
GeoPark, Repsol cancel $530M deal for Colombia oil and gas assets
GeoPark (NYSE:GPRK) and Repsol (OTCQX:REPYF) (OTCQX:REPYY) said Tuesday they have agreed not to proceed with GeoPark's previously announced acquisition of $530M in oil and gas production assets in Colombia.
GeoPark terminates $530m Repsol upstream assets acquisition in Colombia
Repsol’s partner in SierraCol Energy Arauca (Llanos Norte) exercised pre-emptive rights to acquire a 25% stake in Llanos Norte assets in Arauca, Colombia.
GeoPark, Repsol terminate Colombia assets deal following preemptive rights exercise
GeoPark and Repsol will not proceed with a deal signed late last year for exploration and production assets in Colombia after a Repsol partner exercised preemptive rights.
GeoPark provides update on proposed acquisition of Repsol exploration and production assets in Colombia
GeoPark Ltd has announced that Repsol’s partner in SierraCol Energy Arauca LLC has exercised its preemptive rights to acquire 25% of Repsol’s interest in Llanos Norte in Arauca Department, Colombia.
2d
on MSN
GeoPark, Repsol Agree to End Previously Inked Deal After Rights Exercised
Repsol in November signed a deal to sell upstream assets in Colombia to Latin American oil-and-gas explorer GeoPark for $530 ...
1d
Repsol (0NQG) Gets a Buy from UBS
UBS analyst Henri Patricot maintained a Buy rating on Repsol (0NQG – Research Report) today and set a price target of €13.00. The company’s ...
France 24
7d
Exclusive: Top French banks and the dirty gas business in Peru’s Amazon
FRANCE 24 reveals, in partnership with investigative media outlet Disclose, RFI and the Pulitzer Center, that French banking ...
Crude Oil Prices
5d
Libya Looks To Boost Oil Production Amid Soaring Geopolitical Risk
Libya plans to offer 22 exploration blocks in 2025, attracting IOCs like Repsol, ENI, BP, and OMV. Russia’s growing military ...
1d
Challenging Market Conditions and Stagnant Production Lead to Sell Rating for Repsol
Analyst Sasikanth Chilukuru from Morgan Stanley maintained a Sell rating on Repsol (0NQG – Research Report) and keeping the price target at ...
France 24 on MSN
7d
French banks make millions from fossil fuel investments polluting the Amazon basin
French banking groups Credit Agricole, BNP Paribas and BPCE have been discreetly investing in the oil and gas industry ...
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