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Repsol Sells Colombian Assets in $530M Deal
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Repsol Sells Colombian Assets in $530M Deal

Repsol (ES:REP) has released an update.

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Repsol has agreed to sell its Colombian oil assets to GeoPark for $530 million, aligning with its strategy to rotate its asset portfolio. The deal includes full ownership of Repsol Colombia Oil&Gas Limited and a 25% stake in SierraCol Energy Arauca LLC. The transaction is pending customary conditions and approvals.

For further insights into ES:REP stock, check out TipRanks’ Stock Analysis page.

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