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EC has been in the news recently: GeoPark Limited has acquired Repsol's Colombian oil and gas assets for about $530 million, which includes production of approximately 16,000 barrels of oil equivalent per day. Meanwhile, Ecopetrol S.A. continues to be Colombia's largest company, overseeing over 60% of the country's hydrocarbon production, and plans a 2025 investment budget of 24 to 28 trillion pesos to enhance its daily production capacity.
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