Announced
Synopsis
GeoPark, a Latin American oil and gas company, agreed to acquire Frontera Petroleum International Holdings from Frontera Energy, a Canadian petroleum exploration and production company, for $600m. "Beyond the financial and production metrics, this transaction enables a full-field development approach in assets such as Quifa and the broader Llanos portfolio, allowing us to extend plateau production, capture synergies and reinvest efficiently. This will support sustained production, reserves protection and increased investment activity that benefits the regions where we operate through jobs, royalties and taxes," Felipe Bayon, GeoPark CEO.
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