GeoPark Expands in Colombia With Strategic Repsol Acquisition

GeoPark Limited (GPRK) recently announced its accord with Repsol Exploración S.A. and Repsol E&P S.A.R.L to acquire Repsol, S.A.’s (REPYY) upstream oil and gas assets in Colombia.An Insight Into GPRK’s Sale and Purchase AgreementAs a leading energy company in Latin America, GPRK’s prospective accord is to purchase some high-quality assets in one of the most productive oil regions of Colombia called the Llanos Basin. In this region, GPRK has a track record of successfully discovering oil and is also a deep-r ...