Killajoules

Repsol acquires Exploration Blocks in Alaska's prolific North Slope
Repsol E&P USA Inc. ("Repsol") is pleased to announce an exploration joint venture with 70 & 148 LLC (“70”) and GMT Exploration LLC (“GMT”) on the North Slope of Alaska. Terms of the join t venture involve Repsol agreeing to a broad-reaching exploration and development program on leasehold held by 70 and GMT, with Repsol and 70 collaborating on all aspects of the program, Repsol's working interest after this transaction will be 70%.

Repsol signs first Asian LNG supply deal
Repsol has signed a liquefied natural gas (LNG) supply agreement with South Korea's state-owned Korea Gas Corporation (KOGAS), boosting Repsol’s position as one of the world’s largest shippers of the fuel.

Repsol makes new Brazilian offshore discovery
Repsol Sinopec with partners, Petrobras of Brazil and UK-based BG Group, discovered high quality crude in ultra-deep waters in the Santos Basin in Brazil’s pre-salt play.

Repsol YPF has registered with the United Nations its La Plata refinery industrial project as a Clean Development Mechanism
Repsol YPF has registered with the United Nations its La Plata refinery industrial project as a Clean Development Mechanism, the first of its kind in the world.

Repsol buys a share in Offshore Colombian block
Repsol has signed an agreement with Colombian company Ecopetrol and Brazil’s Petrobras to buy a stake in the offshore Tayrona exploration block in the Colombian Caribbean Sea.

Following the agreement, Repsol owns a 30% stake in the block, while Ecopetrol owns 30%. Petrobras, with a 40’% stakem, will continue to be the operator. The deal is subject to the approval of Columbia’s National Hydrocarbons Agency (Agencia Nacional de Hidrocarburos.)

Repsol and Sinopec today successfully closed Brazil agreement
Repsol and Sinopec today successfully closed the agreement reached in October to jointly develop the exploration and production of its Brazil offshore assets and to create one of the Latin America’s largest private energy companies.

Repsol receives first Q-MAX shipment from Qatar under multi-year contract
Repsol today received the first shipment of LNG from Qatargas, under a multiyear agreement which secures supply for the Canaport LNG terminal. The arrival of the Q-Max LNG tanker, the biggest in the world, highlights Canaport LNG Facility’s design and technological excellence as the only terminal in the Northeast of North America able to receive such vessels.

Repsol has agreed to sell 3.3% of YPF’s share capital
Repsol has agreed to sell 3.3% of YPF’s share capital to Eton Park and Capital investment funds for $500 million.

Repsol sells stake in REFAP refinery valued at $350 million
Repsol has agreed to sell to Petrobras its 30% stake in the Alberto Pasqualini Refinery (REFAP) in the Brazilian state of Rio Grande do Sul. Following the transaction, Petrobras becomes the only shareholder of the refinery, which has a nominal capacity of 190,000 bbld.

Repsol YPF presents exploration developments and presents a new discovery
Repsol YPF Chairman Antonio Brufau presided over the presentation to the Argentine President, Cristina Fernandez, the progress of YPF’s exploratory development plan, confirming the significant non-conventional gas find in the Neuquen basin with a volume of 127 Bcm, equivalent to 4 years gas consumption in Spain.