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Stock Market & Financial Investment News

News Breaks
August 13, 2014
12:19 EDTREPYYRepsol led group given go-ahead for Canary Island project, FT says
Spain's Ministry of Industry, Energy and Tourism gave a consortium led by Repsol permission for a EUR7.5B exploration project offshore of the Canary Islands despite opposition from the Canaries’ regional government and tourism and ecological groups, reported Financial Times. Reference Link
News For REPYY 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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