GeoPark Awarded 2 Blocks In Ecuador [Seeking Alpha]
Geopark Ltd Common Shares (GPRK)
US:NYSE Investor Relations:
geo-park.com/en/investor-support
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Source: Seeking Alpha
GeoPark Awarded 2 Blocks In Ecuador Summary GeoPark won bids in two blocks in the Oriente Basin, Ecuador, during the Intracampos bid round. These two blocks, namely Perico and Espejo, together covering 33,350 gross acres offer low-risk exploration opportunities. With a 50% working interest, it is estimated that GeoPark is committed to a net capital commitment of $30 million over the next four years. On March 13, 2019, GeoPark Limited GPRK GeoPark formed a 50:50 consortium with Frontera Energy Corporation [FEC.TSX] ( OTC:FECCF Fig. 1. A map showing the Intracampos Licensing Round blocks, Ecuador, with existing oil fields shown in green. Source The Oriente Basin The Oriente basin is one of the most prolific petroleum provinces in Latin America, currently producing more than 500,000 bo/d. It has access to infrastructure with spare capacity and well-developed service industry. The Oriente Basin extends into Colombia as the Putumayo Basin (Fig. 2). The Espejo and Perico, as well as the
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News
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- Wall Street Analysts Think Geopark (GPRK) Could Surge 37.42%: Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- GEOPARK ANNOUNCES FINAL RESULTS OF ITS TENDER OFFERPR Newswire
GPRK
Earnings
- 11/8/23 - Miss
GPRK
Sec Filings
- 4/22/24 - Form SC
- 4/18/24 - Form SC
- 4/16/24 - Form SC
- GPRK's page on the SEC website