Deal Insight
GeoPark acquires Colombia-focused Amerisur for US$271 million
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
GeoPark is to acquire Colombia-focused Amerisur Resources in an all-cash deal for an enterprise value of US$271 million. GeoPark will pay US$315 million for Amerisur's equity and will assume US$44 million in cash and working capital. For Amerisur, a sale was not unexpected – amid a falling share price and an unsolicited offer from Maurel & Prom in July 2019, the company initiated a strategic review process in a bid to maximise value for its shareholders. That GeoPark offered 19.21p per share – up from Maurel & Prom's offer of 17p per share – the process can be considered a success. For GeoPark, the acquisition aligns closely with its strategy to grow both organically and inorganically in the region.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Upsides and risks
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
-
Executive summary: Table 1GeoPark and Amerisur Colombian BlocksUpstream assets: Table 1
-
Deal analysis: Table 1Deal analysis: Table 2Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Platanillo
The Platanillo block is situated in the Putumayo basin in southwest Colombia near the Ecuadorian border. The field was originally ...
$3,720
Asset Report
Rio Paez
The Río Paez block is located in in the Upper Magdalena basin and contains the La Cañada Norte and La Hocha fields. The ...
$3,720
Asset Report
Albacora Area
Albacora was one the first major deep-water developments undertaken by Petrobras. Its discovery in 1984, along with Marlim in the ...
$3,720
