GeoPark Ltd (GPRK) GeoPark Limited is an energy firm primarily engaged in the discovery, development, and extraction of petroleum and natural gas resources. Its operational footprint extends across multiple Latin American nations, specifically Chile, Colombia, Brazil, Argentina, and Ecuador. By the close of 2021, the company reported holdings in 42 hydrocarbon concessions and possessed proven net reserves totaling 87.8 million barrels of oil equivalent. GeoPark also maintains a key strategic alliance with ONGC Videsh, collaboratively working to acquire, fund, and enhance the value of upstream oil and gas ventures throughout Latin America. Established in 2002, the entity was initially known as GeoPark Holdings Limited, adopting its current name, GeoPark Limited, in July 2013. The company's main office is situated in Bogotá, Colombia.
Sector: Crude Petroleum & Natural Gas
Industry: Oil & Gas Exploration & Production
GeoPark Limited NYSE:GPRK Energy · Oil & Gas Exploration & Production
Mkt Cap $1.01B
Div Yield 1.12%
Close $9.44 0.00% AH $9.44 Now $9.36 PM VOL 1K $ Vol ≈ $12K RVOL 2.74x
Close $9.44 +3.40% AH $9.44 -0.85% since
Mkt Cap $1.01B
PM VOL 1K sh
$ Vol ≈$12K
RVOL 2.74×
Div Yield 1.12%
Press Release ● Major ⚠ 6
GeoPark Reports Third Quarter 2026 Results
GeoPark's 3Q2026 revenue fell 19% quarter-over-quarter to $116.2 million as wider crude differentials crushed realized prices to $56.2/boe from $67.2/boe, with Adjusted EBITDA down 37% to $45.8 million.
Net profit fell to $6.6 million (including a $12.4 million tax benefit), operating cash flow dropped to $16.3 million, and free cash flow before debt service was negative $55.5 million amid a heavy Vaca Muerta investment phase; net leverage rose to 1.6x from 1.2x.
Post-quarter, the company completed a $550 million 9.500% senior notes issuance due 2033, tendering 60% of the 2030 Notes and redeeming the 2027 Notes, reducing near-term refinancing risk.
Strategically, GeoPark completed its entry into Venezuela's Bare Block under a 25-year contract and was awarded the Corralera Noreste Block in Vaca Muerta with ~200 mmboe unrisked gross resource potential.
• 5d ago AI analysis › Press Release ● Critical ⚠ 5
GeoPark Completes Strategic Venezuela Entry Transaction
GeoPark completed its strategic Venezuela entry, with the 25-year Production Participation Contract for the Bare Block now effective ahead of the 120-day contractual deadline.
GeoPark issued 42,135,872 common shares to Grupo Gilinski's Panamerican Energy Holdings for the remaining 95% of CPP Holdco — all equity, no cash — making Gilinski the controlling shareholder at roughly 56.3% ownership, potentially rising to 58.4% with milestone shares.
Under the CPP, GeoPark will operate the block, fund 100% of capex, and hold a 65% net participating interest, with operational takeover targeted before year-end 2026 and 300-400 reactivation wells already assessed.
Grupo Gilinski must launch a tender offer within 90 days for minority shares at $12.22 per share, up to $100 million, and gains the right to nominate five directors while holding at least 50%.
• 7d ago AI analysis › Press Release ⚠ 1
GeoPark Announces Tender Results of Cash Tender Offer for Any and All of Its Outstanding 8.750% Senior Notes Due 2030 (CUSIP Nos. 37255B AC3; G38327 AD7 / ISIN US37255BAC37; USG38327AD78)
GeoPark announced the results of its cash tender offer for any and all of its 8.750% Senior Notes due 2030, which expired October 22, 2026.
A total of $266.8 million in principal was validly tendered out of $441.7 million outstanding, leaving about $174.8 million of the notes outstanding after settlement expected on or about October 28, 2026, at a consideration of $1,027.50 per $1,000 plus accrued interest.
The tender is conditioned on the Financing Condition and is tied to the company's related notes offering, indicating a refinancing of the higher-coupon 2030 bonds; Citigroup, Deutsche Bank and J.P. Morgan acted as dealer managers.
• 17d ago AI analysis › Press Release ⚠ 2
GeoPark Limited Prices Offering of U.S.$550,000,000 9.500% Senior Notes Due 2033
GeoPark priced $550 million of 9.500% senior notes due 2033 in a Rule 144A / Regulation S private placement, settling October 28, 2026.
Proceeds will fund a tender offer for the 8.750% notes due 2030, repay or redeem the 5.500% notes due 2027, and finance 18 months of Vaca Muerta development capex.
The new coupon is well above the refinanced notes, raising the company's blended borrowing cost; the notes are guaranteed by GeoPark's Colombia and Argentina subsidiaries.
• 18d ago AI analysis › Press Release ⚠ 3
GeoPark Triples Vaca Muerta Acreage With Award of Corralera Noreste Block
GeoPark won the Corralera Noreste block in Neuquén Province's Ronda 1/2026 bidding round, tripling its Vaca Muerta acreage with ~26,900 gross acres (24,200 net at 90% WI) where it will be operator.
The deal carries approximately $95 million in total committed cost, including a $60.5 million access bonus, plus a work program of two horizontal wells (2,000m laterals, 30 frack stages) over a four-year exploration period.
GeoPark estimates ~200 mmboe of unrisked gross resource potential with potential gross peak production of 40,000-50,000 boepd, subject to appraisal and de-risking.
Initial commitments will be funded from existing cash with no change to capital allocation priorities; a 35-year exploitation concession follows any commercial discovery.
• 18d ago AI analysis › Press Release ⚠ 2
GeoPark Announces Proposed Offering of Senior Notes
GeoPark announced a proposed private placement of senior notes under Rule 144A and Regulation S, with terms subject to market conditions.
Proceeds are earmarked for a concurrent any-and-all tender of the 8.750% notes due 2030, repayment or redemption of the 5.500% notes due 2027, and Vaca Muerta development capex over the next 18 months.
No offering size or pricing was disclosed, so the net balance-sheet impact cannot yet be assessed.
• 24d ago AI analysis › Press Release ⚠ 1
GeoPark Announces Commencement of Cash Tender Offer for Any and All of Its Outstanding 8.750% Senior Notes Due 2030
GeoPark launched a cash tender offer for any and all of its outstanding $441.7 million 8.750% Senior Notes due 2030, offering $1,027.50 per $1,000 principal plus accrued interest.
The offer expires October 22, 2026, and is conditioned on financing tied to a proposed new USD senior notes offering, signaling a refinancing of the 2030 maturity.
The company also issued a redemption notice for its 5.500% Senior Secured Notes due 2027, conditioned on completion of the New Notes Offering.
• 24d ago AI analysis › Press Release ⚠ 3
GeoPark Announces Third Quarter 2026 Operational Update
GeoPark reported 3Q2026 consolidated production of 27,973 boepd, up 2.6% sequentially but down about 1% versus 3Q2025, with Colombia steady at 25,865 boepd and Argentina surging 50.6% q/q to 2,108 boepd gross.
Exploration results were positive: Milano 1X encountered 22 feet of net pay and is testing ~1,000 bopd, while Toritos Norte 2 is producing ~1,100 bopd, lifting Llanos 123 gross production to 8,000 bopd.
The company continues advancing its Venezuela entry via the Bare Block with PDVSA, targeting contract effectiveness and start of operations before end-2026, subject to approvals; Q3 financial results will be reported November 3.
• 24d ago AI analysis › Press Release ⚠ 3
GeoPark Limited Announces Receipt of Requisite Consents for Its 8.750% Senior Notes Due 2030
GeoPark received the requisite consents from a majority of holders of its 8.750% Senior Notes due 2030 to amend the indenture's 'Permitted Holders' definition to include Jaime Gilinski Bacal and his family and affiliates.
The amendment clears the way for Grupo Gilinski — which recently purchased approximately 28% of GeoPark's shares and is expected to hold about 56.3% after the pending Bare field share issuance — to exceed 50% ownership without triggering a Change of Control offer to purchase the notes.
A supplemental indenture is expected to be executed September 29, 2026, with a $2.50 per $1,000 consent fee paid to consenting holders on the same date; the proposed Venezuela Bare field transaction remains subject to closing conditions.
• 1mo ago AI analysis › Press Release ⚠ 4
GeoPark Limited Announces Commencement of Consent Solicitation with Respect to Its 8.750% Senior Notes Due 2030
GeoPark launched a consent solicitation on its 8.750% Senior Notes due 2030 to amend the indenture definition of Permitted Holders so it covers Jaime Gilinski Bacal and his family members and affiliates, with consents due by 5:00 p.m. New York time on September 23, 2026.
The amendment matters because Grupo Gilinski has bought roughly 28% of GeoPark's shares and is expected to hold about 56.3% once the share issuance for the Bare field Venezuela entry closes; under the indenture, ownership above 50% by a Permitted Holder does not trigger a Change of Control.
Without the amendment, crossing 50% would force GeoPark to make an offer to purchase all outstanding notes, so the consent carve-out spares the company that repurchase obligation.
Holders of a majority in aggregate principal amount must consent, and consenting holders receive a $2.50 fee per $1,000 of notes, with Banco BTG Pactual acting as solicitation agent and D.F. King as information and paying agent.
• 1mo ago AI analysis › Press Release ● Critical ⚠ 4
GeoPark Announces Major Strategic Entry Into Venezuela
GeoPark is entering Venezuela's Orinoco Heavy Oil Belt through the Bare Block, a giant-scale producing heavy oil asset to be developed under a 25-year Production Participation Contract with PDVSA Petróleo S.A. (PPSA), with GeoPark as operator holding a 65% net working interest and funding 100% of capital expenditures.
The deal is financed entirely with GeoPark equity: Grupo Gilinski receives 42.1 million shares at US$12.22 — a 26% premium to the US$9.67 30-day VWAP — becoming controlling shareholder at roughly 56.3% (potentially 58.4%), while shareholders get ~US$160 million (US$1.5 per share) of immediate value accretion plus a US$100 million tender offer (~US$2.1 per share pro rata) for liquidity.
The Bare Block holds approximately 15.7 billion barrels of original oil in place, currently produces about 11,000 bopd gross against peak potential of 85,000-95,000 bopd, and underpins a target of 75-85 kboepd of total GeoPark production by 2030, roughly 2.7x current levels.
The CPP effective date remains subject to regulatory and sanctions-related compliance approvals within an estimated 120-day window — a material country-risk overhang despite ~US$700 million of available liquidity, including ~US$310 million of cash.
• 2mo ago AI analysis › Press Release ⚠ 2
GeoPark Reports Second Quarter 2026 Results
GeoPark reported Q2 2026 revenue of $143.3 million, up 12% quarter-over-quarter, driven by higher realized prices averaging $67.2/bbl while production remained stable at 27,271 boepd.
Adjusted EBITDA increased 3% to $73.1 million with a 51% margin, supported by strong operational cash flow of $108.4 million that lifted cash reserves to $316.3 million.
The Board declared a $0.023 per share dividend and restructured its committees, appointing James F. Park as the new Chair of the Board.
• 3mo ago AI analysis › Press Release ⚠ 2
GeoPark Announces Second Quarter 2026 Operational Update
GeoPark reported Q2 2026 production of 27,271 boepd, stable sequentially, with operational acceleration in Colombia and Argentina driving strategic growth plans.
The company secured a three-year drilling rig contract with Helmerich & Payne and export agreements with Pan American Energy to support its goal of tripling Argentina production to 20,000 boepd within three years, backed by an application for the RIGI incentive regime.
The Llanos 123 block delivered strong performance with net production of 3,171 boepd, up 57.9% year-over-year, while the board was refreshed with the election of Gabriel Gilinski, Dorita Gilinski, and Camilo Martinez at the AGM.
• 3mo ago AI analysis › Press Release ● Major ⚠ 1
GeoPark Reports First Quarter 2026 Results
GeoPark delivered strong Q1 2026 results with revenue rising 16% sequentially to $128.4 million and Adjusted EBITDA jumping 54% to $71.3 million, driven by higher realized prices and cost efficiency.
The company significantly bolstered its balance sheet, closing the quarter with $274.9 million in cash following a $107 million investment from Grupo Gilinski and $100.3 million in break-up fee proceeds.
Despite the operational strength, the board declared a $0.023 per share dividend for Q1 but announced a suspension of the dividend program commencing with Q3 2026 results.
• 6mo ago AI analysis › Press Release ⚠ 1
GeoPark Announces First Quarter 2026 Operational Update
GeoPark reported a solid operational start to 2026, with production from continuing operations in Colombia and Argentina increasing 1% versus the prior quarter and performing above plan.
Consolidated average oil and gas production reached 27,249 boepd, while the combined realized price rose to $60.4/bbl from $54.8/bbl in the fourth quarter of 2025.
The company initiated drilling activities in Argentina's Loma Jarillosa Este block and maintained strong waterflooding performance in Colombia, despite temporary blockades impacting the CPO-5 block.
• 6mo ago AI analysis › 
