Latest News for GLPEF

Galp Energia is undervalued after a 20% drop tied to overblown expectations on its TotalEnergies deal. GLPEF gains deepwater expertise and risk mitigation via TotalEnergies' 40% stake and operatorship in Namibian offshore projects. Current production, including Bacalhau, supports valuation; Mopane and Venus projects are essentially free optionality at current prices.

Galp Energia, SGPS, S.A. (GLPEY) Shareholder/Analyst Call Transcript

TotalEnergies said it would acquire at 40% stake in Galp Energia's license in Namibia, which includes the Mopane discovery.
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