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Stock Market & Financial Investment News

News Breaks
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.
News For GPRK From The Last 14 Days
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March 23, 2015
07:08 EDTGPRKGeoPark reports Q4 oil production up 20% to 14,364 bopd
Reports Q4 gas production up 115% to 33,718 mcfpd. Reports Q4 average net production up 37% to 19,984 boepd.
07:08 EDTGPRKGeoPark reports Q4 EPS 13c, one estimate 11c
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