Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/geopark-holdings-acquires-second-colombian-company.shtmlGeoPark Holdings acquires second Colombian companyGeoPark Holdings Limited reported the completion of its second acquisition in Colombia this year with the purchase of Hupecol Cuerva LLC (Hupecol) for
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Edit page New page Hide edit links GeoPark Holdings Limited reported the completion of its second acquisition in Colombia this year with the purchase of Hupecol Cuerva LLC (Hupecol) for a total consideration of $75 million cash, adjusted for working capital. The assets acquired from Hupecol comprise the La Cuerva and Llanos 62 blocks (approximately 90,000 acres) in the Llanos basin in Colombia - both operated and owned with 100% working interests. |