{"id":11145,"date":"2019-02-05T11:40:27","date_gmt":"2019-02-05T16:40:27","guid":{"rendered":"https:\/\/www.geo-park.com\/?post_type=press_releases&p=11145"},"modified":"2023-03-30T11:44:37","modified_gmt":"2023-03-30T16:44:37","slug":"geopark-announces-2018-certified-oil-and-gas-reserves","status":"publish","type":"press_releases","link":"https:\/\/www.geo-park.com\/es\/press_releases\/geopark-announces-2018-certified-oil-and-gas-reserves\/","title":{"rendered":"GeoPark Announces 2018 Certified Oil and Gas Reserves"},"content":{"rendered":"
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PDP RESERVES UP 55% TO 44 MMBOE<\/strong>
\n1P RESERVES UP 17% TO 114 MMBOE VALUED AT $1.8 BILLION<\/strong>
\n2P RESERVES UP 15% TO 184 MMBOE VALUED AT $2.7 BILLION<\/strong>
\n3P RESERVES UP 44% TO 347 MMBOE VALUED AT $5.1 BILLION<\/strong>
\n2P RESERVE REPLACEMENT OF 285%<\/strong>
\n2P VALUE PER SHARE (NET DEBT-ADJUSTED) UP 37% TO $40.1 PER SHARE<\/strong><\/p>\n

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Bogota, Colombia \u2013 GeoPark Limited (\u201cGeoPark\u201d or the \u201cCompany\u201d) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, today announced its independent oil and gas reserves assessment, certified by DeGolyer and MacNaughton Corp. (D&M), under PRMS methodology, as of December 31, 2018.<\/p>\n

All figures are expressed in US Dollars. Definitions of terms are provided in the Glossary on page 12.<\/p>\n

Year-End 2018 D&M Certified Oil and Gas Reserves and Highlights:<\/p>\n