Loading...
Market
Story
GeoPark Acquires Repsol's Colombian Oil and Gas Assets for $530M, €500M, with $130M Impact
Nov 29, 2024, 12:42 PM
GeoPark has entered into an exclusive binding agreement to acquire Repsol's oil and gas exploration and production assets in Colombia. The deal is valued at $530 million (approximately €500 million), marking a significant expansion for GeoPark, a leading energy company. Repsol's divestment of these upstream assets is part of its broader strategy to raise over $4 billion through asset sales by 2025. The transaction is expected to have a negative impact of $130 million on Repsol's financial results.
View original story
Similar markets
Increased significantly • 25%
Increased slightly • 25%
No change • 25%
Decreased • 25%
Increased production • 25%
New exploration projects • 25%
Cost-cutting measures • 25%
Other operational changes • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Decrease by more than 20% • 25%
Change between -20% and +20% • 25%
Increase by 20% to 50% • 25%
Increase by more than 50% • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Increase by more than 20% • 25%
Increase by 0-20% • 25%
Decrease by 0-20% • 25%
Decrease by more than 20% • 25%
Increase by more than 10% • 25%
Increase by 5% to 10% • 25%
Increase by less than 5% • 25%
Decrease or no change • 25%
Increase by over 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by over 10% • 25%