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Stock Market & Financial Investment News

News Breaks
July 10, 2014
08:05 EDTGPRKGeoPark announces new oil well discovry in Llanos 34 Block IN colombia
GeoPark announced the discovery of the Tigana Norte 1 oil well on its Llanos 34 Block in Colombia. GeoPark is the Operator of and has a 45% working interest in the Llanos 34 Block. GeoPark drilled and completed the Tigana Norte 1 well to a total depth of 12,141 feet. A test at approximately 11,557 feet, resulted in a production rate of approximately 1,061 Bopd of 14.6 degrees API, with a 0.49% water cut, through a choke of 24/64 inches and well head pressure of 235 pounds per square inch. Further production history will be required to determine stabilized flow rates of the well. The field is currently producing over 8,500 bopd gross from the 5 wells drilled and completed to date. The company is carrying out further development and appraisal drilling this year on the Tigana Field complex.
News For GPRK From The Last 14 Days
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November 19, 2014
08:07 EDTGPRKGeoPark reports Q3 revenue $131.8M, consensus $128M
Reports Q3 adjusted EBITDA up 62% to $67.9M from increased revenue and efficiency gains. Reports Q3 Total oil and gas production up 66% compared to prior year to 21,548 boepd.

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