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Stock Market & Financial Investment News

News Breaks
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.
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February 23, 2015
09:27 EDTGPRKGeoPark management to meet with JPMorgan
Meetings to be held in Boston on February 25 and in New York on February 26-27 hosted by JPMorgan.
07:08 EDTGPRKGeoPark reports 2014 oil and gas production volume of 7.5MMBoe in Latin America
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February 18, 2015
07:09 EDTGPRKGeoPark makes new oil discovery in Colombia
GeoPark announced a new oil field discovery following the drilling of exploration well Tilo 1, located on the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block. GeoPark drilled and completed exploratory well to a total depth of 11,293 feet. A test resulted in a production rate of approximately 1K barrels of oil per day of 14.2 degree API, with approximately 10% water cut.

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