Oil exploration and production company acquired for £240m

Oil exploration and production company acquired for £240m

A Cardiff-based oil exploration and production is to be acquired in deal for more than £240m.

Amerisur Resources, an independent oil exploration and production company focused onshore Colombia, has reached an agreement on the terms of a recommended cash acquisition with GeoPark.

Each Amerisur Shareholder will be entitled to receive 19.21p per share.

The Transaction values the entire issued and…

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