GeoPark Inks New Offtake Agreement With Vitol For The Llanos 34 Block In Colombia
GeoPark Inks New Offtake Agreement With Vitol For The Llanos 34 Block In Colombia
GeoPark與Vitol簽署了哥倫比亞Llanos 34區塊的新承購協議
As part of this transaction, GeoPark will obtain immediate access to committed funding from Vitol for up to $300 million, with an option to increase by another $200 million for a total of $500 million, in prepaid future oil sales over the period of the offtake contract. Funds committed by Vitol will be made available until June 30, 2025, subject to certain conditions. Amounts drawn on this prepayment facility can be repaid through future oil deliveries or prepaid at any time without penalty. The interest cost is based on a SOFR risk-free rate plus a margin of 3.75% per annum.