Repsol Ord Shs REPYF

Energy Oil & Gas Integrated

Repsol, S.A. (Repsol) is an integrated energy company. The Company's segments include Upstream, Downstream, and Corporation and others. The Upstream segment carries out oil and natural gas exploration and production activities, and manages its project portfolio. The Downstream segment includes covers the supply and trading of crude oil and other products; oil refining and marketing of oil products, and the production and marketing of chemicals. It owns and operates five refineries in Spain (Cartagena, A Coruna, Bilbao, Puertollano and Tarragona) with a combined distillation capacity of approximately 900 thousand barrels of oil per day. The Company operates La Pampilla refinery in Peru, which has an installed capacity of approximately 120 thousand barrels of oil per day. Its Chemicals division produces and commercializes a range of products, and its activities range from basic petrochemicals to derivatives.

OTCQX:REPYF - Post by User

Repsol Ord Shs

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Post by derrickanithaon Dec 11, 2015 5:31am

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Post# 24375804

Repsol, Statoil Ink Asset Swap Deal

Statoil and Repsol have entered into an asset swap agreement, pursuant to which Statoil will farm-down 15% stake in the Gundrun field, NCS, and acquire 13% interest in the Eagle Ford JV from Repsol.

The Gudrun field, holding approximately 130 MMBOE, is a high pressure reservoir. The production from the field started in Apr-2014, and 2015 production is approximately 75 MBOE/d. Post transaction, Statoil will be the operator of the field with 36% interest...

For more: https://www.1derrick.com/repsol-statoil-ink-asset-swap-deal/17039/

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A junior copper-gold stock trading at a bargain of monumental proportions