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Stock impact report

GeoPark Exceeds Q1 Production Guidance [Yahoo! Finance]

Geopark Ltd Common Shares (GPRK) 
US:NYSE Investor Relations: geo-park.com/en/investor-support
Company Research Source: Yahoo! Finance
production in the first quarter reached 36,279 barrels of oil equivalent (boe), surpassing its initial guidance for the year of 35,000 boe. The company said production from organic operations was 8 percent lower than the fourth quarter of 2024 primarily due to an operational suspension on January 8, 2025, of the Platanillo Block and the divestiture of Llanos 32. Production in Vaca Muerta reached a record of 17,358 barrels of oil equivalent per day (boepd) gross during February 2025, the company said, adding that it drilled nine wells during the quarter under review, four of which are in Vaca Muerta. In the quarter, Vaca Muerta averaged 15,533 boepd. Key developments during the quarter included bringing the PAD-9 area online, which consists of three wells each with a lateral length of 3,200 meters (10,500 feet), and completing the drilling of the PAD-12 area, featuring four wells each extending 3,000 meters (9,842 feet) laterally, both within the Mata Mora Norte Block. GeoPark Show less Read more
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