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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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April 14, 2015
08:03 EDTGPRKGeoPark announces resumption of share repurchase program
GeoPark announced that it will resume its program to repurchase up to $10M of common shares, par value 0.1c per share of the company, which had expired on March 20, 2015. As of the date hereof, $1.4M in shares have been purchased by GeoPark under the Repurchase Program. The Repurchase Program will resume on April 14, 2015 and will expire at the close of business on May 20, 2015, but may be terminated prior to such date.

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