GeoPark Announces 2018 Work Program and Investment Guidelines - GeoPark
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GROWING WITHIN CASH FLOW:
EFFICIENT $100-110 MILLION PLAN TARGETS 15-20% PRODUCTION INCREASE

GeoPark Limited (“GeoPark” or the “Company”) (NYSE: “GPRK”), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, today announced its work program and investment guidelines for 2018. (All figures are expressed in US Dollars).

A conference call to discuss Third Quarter 2017 financial results and the 2018 work program and investment guidelines will be held on November 16, 2017 at 10:00 a.m. Eastern Standard Time.

2018: Continued production growth fully funded with operating cash flow

GeoPark has approved a self-funded, risk-balanced work program for 2018 that will increase production by an estimated 15-20% and boost operating cash flows. The Company screened over 100 different projects proposed by its five country business units and selected the top 50 projects (30+ new wells) based on key technical, economic and strategic criteria.

Read the full press release.