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GeoPark ( (GPRK) ) has provided an announcement.
GeoPark Limited announced that its proposed acquisition of a 45% interest in the CPO-9 block in Colombia is hindered by Ecopetrol exercising its preemptive rights to acquire Repsol Colombia O&G Limited. The acquisition of Repsol’s 25% interest in SierraCol Energy Arauca LLC remains open as Repsol’s partners may exercise their preemptive rights.
More about GeoPark
GeoPark Limited is a leading independent energy company with over 20 years of successful operations across Latin America, focusing on exploration and production of oil and gas.
YTD Price Performance: 9.44%
Average Trading Volume: 473,292
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $450.7M
For an in-depth examination of GPRK stock, go to TipRanks’ Stock Analysis page.
