Pending further visibility on GeoPark’s plans for Amerisur assets and quantification of synergies, we are taking a first stab at looking at Geopark, post-Amerisur acquisition. The £242 mm/US$315 mm acquisition (c. US$270 mm, net of Amerisur’s c.US$45mm cash) adds 21.8 mmbbl light oil 2P reserves and 6.9 mbbl/d production from two producing assets, located in close proximity to GeoPark’s Colombia and Ecuador assets. Overall, we estimate GeoPark’s FY20 and FY21
22 Nov 2019
Material Colombian acquisition
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Material Colombian acquisition
GeoPark Ltd (0MDP:LON) | 0 0 (-1.2%) | Mkt Cap: 598.8m
- Published:
22 Nov 2019 -
Author:
Stephane Foucaud -
Pages:
8
Pending further visibility on GeoPark’s plans for Amerisur assets and quantification of synergies, we are taking a first stab at looking at Geopark, post-Amerisur acquisition. The £242 mm/US$315 mm acquisition (c. US$270 mm, net of Amerisur’s c.US$45mm cash) adds 21.8 mmbbl light oil 2P reserves and 6.9 mbbl/d production from two producing assets, located in close proximity to GeoPark’s Colombia and Ecuador assets. Overall, we estimate GeoPark’s FY20 and FY21