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Ecopetrol announces the completion of the transaction with Repsol to acquire 45% of its participation in Block CPO-09
ECEcopetrol(EC) Prnewswire·2025-02-06 00:27

BOGOTA, Colombia, Feb. 5, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on February 5, 2025, it successfully completed the transaction with Repsol Colombia Oil & Gas Limited ("Repsol")  to acquire the remaining 45% of its participation in the CPO-09 Block, for an amount of 452 million USD, making it the holder of 100% of the participation interest in the block, a strategic asset in the Piedemonte Llanero This transaction is the result of the exercise of the right of first refus ...