GeoPark to Acquire Frontera Energy in $622M Deal

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Frontera Shifts Focus to Infrastructure

Frontera said the sale allows it to refocus as a “standalone infrastructure company,” retaining assets such as the Oleoducto de los Llanos Orientales S.A. (ODL) crude oil pipeline and the Puerto Bahía port terminal, along with interests in Guyana and other non-Colombian operations.

“Following an exhaustive review of the company’s alternatives, we believe this transaction crystallizes value for shareholders at an attractive premium for our Colombian assets, converting exposure to oil prices into cash while retaining upside through a standalone infrastructure business,” said Frontera CEO Orlando Cabrales.

Timeline and Legal Advisors

The transaction is expected to close in the second half of 2026, subject to customary regulatory and closing conditions.

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Frontera was advised by Blake Cassels & Graydon LLP, while GeoPark’s legal team included Cleary Gottlieb Steen & Hamilton LLP, Bennett Jones LLP, and CMS Rodríguez-Azuero.

The GeoPark to Acquire Frontera Energy deal positions both companies for strategic growth—one consolidating Colombian upstream dominance, the other pivoting toward infrastructure opportunities beyond production.