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GPRK Stock - GeoPark Limited


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GeoPark Limited is a prominent player in the oil and gas sector, specializing in the exploration, development, and production of hydrocarbon reserves across multiple Latin American countries. The company's operations span Chile, Colombia, Brazil, Argentina, and Ecuador, where it maintains a significant presence with working and/or economic interests in 42 hydrocarbon blocks. As of December 31, 2021, GeoPark reported net proved reserves amounting to 87.8 million barrels of oil equivalent, underscoring its robust asset base and capacity for continued production growth.

GeoPark's business strategy is bolstered by its strategic partnership with ONGC Videsh, aimed at enhancing value creation through joint investments in upstream oil and gas projects throughout Latin America. This alliance leverages GeoParks regional expertise and ONGC Videshs international experience to identify and capitalize on high-potential opportunities in the oil and gas sector. The partnership underscores GeoParks commitment to expanding its operational footprint and optimizing resource development across the region.

Originally established as GeoPark Holdings Limited in 2002, the company rebranded as GeoPark Limited in July 2013 to better reflect its global aspirations and operational focus. Headquartered in Bogotá, Colombia, GeoPark has grown into a leading independent oil and gas company, with a strategic emphasis on creating long-term value through its diverse portfolio of exploration and production assets.

GeoPark continues to pursue growth and operational excellence within the competitive landscape of the energy sector. Its ongoing investments in technology, efficiency, and strategic partnerships are designed to enhance production capabilities, optimize resource management, and drive sustainable development across its Latin American operations. With a solid foundation and a forward-looking approach, GeoPark is well-positioned to navigate the evolving dynamics of the global energy market.

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