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A&D - LLOG & Repsol expand deepwater GOM partnership - May 2019

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Spain’s Repsol and Louisiana-based LLOG Exploration signed an asset exchange and participation agreement to carry out projects at the Leon and Moccasin discoveries, which cover five blocks in the Keathley Canyon area of the deepwater Gulf of Mexico. The agreement strengthens the existing partnership between the two companies in the GOM, which was formed in 2017 when LLOG acquired operatorship of the Buckskin project, also in Keathley Canyon, after Repsol had optimized the original development plan a year earlier. Leon is......
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