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GeoPark Holdings acquires second Colombian company


Published Mar 28, 2012
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Geopark Holdings Ltd.

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.

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