Loading...
Market
Story
GeoPark Acquires Repsol's Colombian Assets for $500M, Impacting Repsol's Results
Nov 29, 2024, 09:15 AM
GeoPark Ltd. has entered into an exclusive binding agreement to acquire Repsol S.A.'s oil and gas exploration and production assets in Colombia for $500 million. This acquisition marks a significant expansion for GeoPark, enhancing its presence in the Colombian energy sector. The deal, however, will have a negative impact of $130 million on Repsol's financial results.
View original story
Similar markets
Yes • 50%
No • 50%
European assets • 25%
Asian assets • 25%
African assets • 25%
Other regions • 25%
Increase by more than 5% • 25%
Increase by 0-5% • 25%
Decrease by 0-5% • 25%
Decrease by more than 5% • 25%
Significant Increase • 25%
No Significant Change • 25%
Significant Decrease • 25%
Other • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Positive (Stock price increase >10%) • 25%
Neutral (Stock price change ±10%) • 25%
Negative (Stock price decrease >10%) • 25%
Other • 25%
Debt reduction • 25%
Share buybacks • 25%
New investments • 25%
Dividends • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Remain the same • 25%
Decrease • 25%
