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Stock impact report

GeoPark to buy Argentina Vaca Muerta oil and gas assets in $200M deal [Seeking Alpha]

Geopark Ltd Common Shares (GPRK) 
US:NYSE Investor Relations: geo-park.com/en/investor-support
Company Research Source: Seeking Alpha
GeoPark ( GPRK ) said the acquisition is valued at ~$200M plus an additional carry of $110M-$120M over two years based on certain exploration activities, and would add the company's total production by more than 5K net boe/day. The company said it expects to sign definitive documentation of the sale in the coming weeks, with the deal closing during Q3. GeoPark ( GPRK ) said the potential acquisition is consistent with its strategy of continued expansion in major proven oil and gas basins in Latin America. Recommended For You More Trending News Recommended For You More Trending News About GPRK Stock Related Stocks Trending Analysis Trending News Show less Read more
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