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Stock Market & Financial Investment News

News Breaks
January 4, 2013
09:01 EDTREPYY, YPFRepsol to sue Bridas over YPF deal, Reuters reports
Spain's Repsol (REPYY) said it will sue Bridas International over the Argentine company's deal to develop shale resources with state-controlled energy firm YPF (YPF), reports Reuters. Repsol previously said it would take legal action against any firm that partners with YPF after Argentina seized control last April of the Spanish company's majority stake in the energy firm.Reference Link
News For REPYY;YPF From The Last 14 Days
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October 27, 2014
19:18 EDTREPYYEcopetrol announces hydrocarbon discovery in Gulf of Mexico
Ecopetrol (EC) reports the discovery of hydrocarbons in the Leon exploratory well located deepwater in the Gulf of Mexico, operated by Repsol (REPYY), with 60% ownership, in partnership with Ecopetrol America Inc., with 40% ownership. The well is located 219 miles offshore and 6,120 feet deep in Keathley Canyon Block 642. Drilling reached a total depth of 31,774 feet. Repsol indicated that the results for the Leon well are being evaluated and that additional work is required to determine the size of the hydrocarbon deposit.

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