GeoPark Cancels Its Acquisition of Repsol's Oil & Gas Assets in Colombia

GeoPark Limited (GPRK) , an independent energy firm operating across Latin America, has stated that it shall not proceed with its previously announced acquisition of oil and gas properties in Colombia from the Spanish multi-energy company Repsol S.A. (REPYY) . This potential acquisition included a 25% interest in SierraCol Energia Arauca and Repsol’s oil and gas extraction operations based in central Colombia. Geopark and Repsol announced this acquisition in November 2024.GeoPark mentioned that it has decid ...