GeoPark's planned $190M acquisition of four Vaca Muerta blocks nixed by seller

1 month ago 4

• Energy

Evgenii Mitroshin/iStock via Getty Images

GeoPark (NYSE:GPRK) -2.9% post-market Wednesday on news that Mercury Energy Trading subsidiary Phoenix Global Resources has withdrawn from a prior agreement to sell stakes in four blocks in Argentina's Vaca Muerta shale play, meaning the acquisition will not be

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