GeoPark completed the acquisition of Amerisur Resources for £242m.

GeoPark, an oil and natural gas exploration and production firm, completed the acquisition of Amerisur Resources, a full cycle independent oil exploration and production company focused onshore Colombia, for £242m. The transaction represents a premium of approximately 58.8% to the closing price per Amerisur share on 18 July 2019. “Through this transaction, GeoPark continues delivering on our 17-year vision of creating from scratch, patiently and responsibly, the leading oil and gas independent across Latin America. The acquisition of Amerisur brings a wagon full of short, medium and long-term benefits - including light oil production, proven reserves, low breakeven cash flow, low-risk development opportunities, significant exploration resources, new strategic acreage, carried exploration drilling, a cross border pipeline, new industry partnerships and attractive operating and commercial synergies. Our team is prepared and hitting the ground running today to begin working on this exciting new opportunity," James F. Park. GeoPark CEO.