GeoPark Announces Doubling its Quarterly Cash Dividend to $0.082 per Share - GeoPark

Bogota, Colombia –  GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, announces that its Board of Directors has declared a quarterly cash dividend of $0.082 per share ($5.0 million in the aggregate) payable on March 31, 2022 to the shareholders of record at the close of business on March 24, 2022.

GeoPark is doubling its quarterly dividend for the second time in less than a year from $0.041 per share ($2.5 million in the aggregate) to $0.082 per share ($5.0 million in the aggregate). This represents a 300% increase over the dividend paid on May 28, 2021. The Company remains committed to returning value to its shareholders while executing self-funded and flexible work programs and paying down debt.

For further information, please contact:


Stacy Steimel
Shareholder Value Director
T: +562 2242 9600

Miguel Bello
Market Access Director
T: +562 2242 9600

Diego Gully
Investor Relations Director
T: +5411 4312 9400

Communications Department


Additional information about GeoPark can be found in the Invest with Us section of the website at www.geo-

Certain amounts and percentages included in this press release have been rounded for ease of presentation.



This press release contains statements that constitute forward-looking statements. Many of the forward- looking statements contained in this press release can be identified by the use of forward-looking words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘could,’’ ‘‘expect,’’ ‘‘should,’’ ‘‘plan,’’ ‘‘intend,’’ ‘‘will,’’ ‘‘estimate’’ and ‘‘potential,’’ among others.

Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, such as operational and financial performance, including free cash flow generation and the expected excess cash flow returns to shareholders and dividend payment. Forward-looking statements are based on management’s beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors.

Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission (SEC).