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 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 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.
Repsol and GeoPark axe proposed Colombia asset deal
Spanish oil company Repsol and Latin America-focused GeoPark have decided not to proceed with a planned deal for a pair of onshore production assets in Colombia. On Tuesday, however, GeoPark said Repsol’s partner in SierraCol has exercised its pre-emptive rights to acquire the 25% working interest being sold in the company.
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.
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 ...
Zawya9h
Repsol Outlines Plans to Shape the Future of Energy Exploration in Libya, Targeting 350,000 Barrels Per Day (BPD) by 2025
Repsol Outlines Plans to Shape the Future of Energy Exploration in Libya, Targeting 350,000 Barrels Per Day (BPD) by 2025 ...
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 ...
Repsol (0NQG) Receives a Hold from Barclays
Barclays analyst Lydia Rainforth maintained a Hold rating on Repsol (0NQG – Research Report) today and set a price target of €15.00. The ...
Transport Topics1d
Biden Makes Last-Minute Bid to Slow Arctic Oil Drilling
The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...
Yahoo Finance11d
Repsol Restarts Oil Exploration in Libya After a Decade
Repsol is also a partner in Sharara with other eminent stakeholders like NOC, TotalEnergies, OMV and Equinor. Overview of Libya’s Favorable Investment Climate Libya’s state-owned National Oil ...
Citi Keeps Their Buy Rating on Repsol (0NQG)
In a report released today, Alastair Syme from Citi maintained a Buy rating on Repsol (0NQG – Research Report), with a price target of €14.50.