GeoPark, Repsol Agree to End Previously Inked Deal

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 million.
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 Provides Update on Proposed Acquisition of Repsol Exploration and Production Assets in Colombia
GeoPark Limited ("GeoPark" or the "Company") (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, announced today that Repsol’s partner in SierraCol Energy Arauca LLC has exercised its preemptive rights under the terms of the LLC Agreement to acquire 25% of Repsol’s interest in SierraCol Energy Arauca LLC ("Llanos Norte") in Arauca Department,
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.
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 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.
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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 ...
GeoPark targets higher production, efficiency in 2025 plan
BOGOTA - GeoPark Limited (NYSE: NYSE:GPRK), an independent Latin American energy company, has announced its 2025 Work Program, outlining a strategy to enhance shareholder value through disciplined ...
GeoPark, Repsol agree not to proceed with transaction
GeoPark Limited (GPRK) announced that Repsol’s (REPYY) partner in SierraCol Energy Arauca LLC has exercised its preemptive rights under the ...
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GeoPark says not able to proceed with the acquisition of the CPO-9 block
GeoPark (GPRK) announced that Ecopetrol (EC), the operator of the CPO-9 block, has exercised its preemptive rights under the terms of the joint operating agreement to acquire 100% of Repsol ...