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July 24, 2014
08:25 EDTGPRKGeoPark awarded new hydrocarbon block in Colombia bidding round
GeoPark was awarded a new exploratory license during the 2014 Colombia Bidding Round, carried out by the Agencia Nacional de Hidrocarburos. GeoPark was awarded the VIM-3 Block in the Lower Magdalena Basin, covering an area of approximately 225,000 acres. GeoPark's winning bid consisted of committing to a Royalty X Factor of 3% and a minimum investment program of carrying out 200 sq km of 2D seismic and drilling one exploration well, with a total estimated investment of $22.2M during the initial three year exploratory period. GeoPark will operate and have a 100% working interest in the block. The final signature of the contracts is currently scheduled for Q3.
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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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