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What will be Ecopetrol's market share in Colombia by end of 2025?
3
Resolution / Starting Odds
Less than 20% • 25%
20% to 30% • 25%
30% to 40% • 25%
More than 40% • 25%
Industry reports from organizations like the Colombian Petroleum Association
Story
Ecopetrol Acquires 45% Stake in Repsol's CPO-09 Block, Fully Owning Asset and Adding 41 Million Barrels to Reserves
Dec 30, 2024, 01:09 AM
Ecopetrol has successfully concluded negotiations to acquire the remaining 45% stake from Repsol in the CPO-09 block, located in the Meta department of Colombia. This acquisition means that Ecopetrol now fully owns the asset, which is considered a key resource in the Piedemonte Llanero region. The deal is expected to add approximately 41 million barrels to Ecopetrol's reserves, enhancing its position in the oil sector.
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