(GeoPark, 16.Jan.2020) — GeoPark Limited closed the previously announced acquisition of Amerisur Resources Plc. GeoPark acquired the entire issued share capital of Amerisur for a total cash consideration of approximately $314 million (approximately ÂŁ242 million at an offer price of 19.21 pence per share). The Company is funding the transaction […]
Tag: Amerisur Resources
Colombia Inks $2.7bn In Investment Commitments
(ANH, 20.Dec.2019) — With 31 exploration and production (E&P) contracts subscribed and investment commitments of more than $2,714 million in 2019, the government of Colombia’s President Ivan Duque fulfills the country and continues the sector reactivation, according to Colombia’s National Hydrocarbons Agency (ANH). In a long contract subscription day, held […]
Parex, Ecopetrol Winners In Colombia Round
(Reuters, Oliver Griffin, 5.Dec.2019) — Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round on Thursday, as the Andean nation seeks to reinvigorate its petroleum sector. Ecopetrol and its subsidiary Hocol SA, Frontera Energy Corp and Amerisur Resources Plc were all […]
GeoPark Announces All-Cash Deal With Amerisur
(GeoPark, 15.Nov.2019) — GeoPark Limited, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador announces the acquisition of Amerisur Resources Plc. Strategic Rationale: Capturing Scale GeoPark has a 17-year track record of creating value […]
ANH Approves Occidental Farm Out with Amerisur
(Amerisur, 11.Jun.2019) — Colombia’s National Hydrocarbon Agency (ANH) granted approval of the farm-out agreement with Occidental announced 23 November 2018. The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia. As previously stated, Occidental acquires a 50% interest in each block and […]