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Stock Market & Financial Investment News

News Breaks
February 7, 2014
09:30 EDTGPRKGeoPark IPO indicated to open $6.50 on 200K shares
GeoPark (GPRK) priced 13.5M shares at $7.00. 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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April 9, 2014
08:05 EDTGPRKGeoPark announces new oil discovery in Colombia
GeoPark announced the successful drilling and testing of the new Aruco exploration well in the Llanos 34 Block in the central Llanos basin in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block. GeoPark drilled and completed the Aruco 1 well to a total depth of 10,705 feet. A test conducted with an electrical submersible pump in the Guadalupe formation, at approximately 10,075 feet, resulted in a production rate of approximately 1,154 gross barrels of oil per day of 16.8 API, with approximately 4.8% water cut, through a choke of 42/64 inches and well head pressure of 193 pounds per square inch. Further production history will be required to determine stabilized flow rates and the extent of the reservoir.
April 8, 2014
10:00 EDTGPRKGeoPark rises 6.2%
GeoPark is up 6.2%, or 44c, to $7.55

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