GeoPark Limited, an independent energy company operating in Latin America, has announced that Phoenix Global Resources has withdrawn from their agreement involving the acquisition of a non-operated working interest in four unconventional blocks in Vaca Muerta, Argentina. As a result, the acquisition will not proceed. This update follows a previous announcement regarding the transaction, reflecting the terms that allowed either party to withdraw after a specified date. Despite this development, GeoPark remains committed to its strategic goals and continues to explore other growth opportunities.
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