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Stock Market & Financial Investment News

News Breaks
February 7, 2014
06:15 EDTGPRKGeoPark 13.5M share IPO priced at $7.00
The deal priced at the low-end of the revised $7.00-$8.00 range. JPMorgan, BTG Pactual and Itau acted as joint book running managers for the offering.
News For GPRK From The Last 14 Days
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September 2, 2015
07:00 EDTGPRKGeoPark announces new Jacana oil field discovery in Colombia
GeoPark announces a new oil field discovery following the drilling of exploration well Jacana 1, located on the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block. The Jacana field is located south-west of the large Tigana oil field, following the same fault trend, and appears to be a combination structural-stratigraphic trap. GeoPark drilled and completed the Jacana 1 exploratory well to a total depth of 10,900 feet. Both the Guadalupe and Mirador formations had indications of hydrocarbons during drilling and from electric log interpretation. A test conducted with an electrical submersible pump in the Guadalupe formation, at approximately 10,200 feet, resulted in a production rate of approximately 1,880 barrels of oil per day of 14.9 degree API, with approximately 1.9% water cut. Further production history is required to determine stabilized flow rates of the well and the extent of the field.
August 27, 2015
07:02 EDTGPRKGeoPark announces new light oil field discovery in Colombia
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