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…