Ecopetrol announces the completion of the transaction with repsol to acquire 45% of its participation in block cpo-09

Bogota, colombia , feb. 5, 2025 /prnewswire/ -- ecopetrol s.a. (bvc: ecopetrol; nyse: ec) informs that on february 5, 2025, it successfully completed the transaction with repsol colombia oil & gas limited ("repsol")  to acquire the remaining 45% of its participation in the cpo-09 block, for an amount of 452 million usd, making it the holder of 100% of the participation interest in the block, a strategic asset in the piedemonte llanero this transaction is the result of the exercise of the right of first refusal by ecopetrol, within the framework of the joint operation agreement (joa).
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