GeoPark Prices Offering of Us$350,000,000 5.500% Senior Notes Due 2027

Bogotá, Colombia – 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, Peru, Argentina, Brazil, Chile and Ecuador, announced the pricing of US$350,000,000 aggregate principal amount of 5.500% senior notes due 2027 (the “Notes”). The Notes were offered in a private placement to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to nonU.S. persons in accordance with Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed jointly and severally by GeoPark Chile SpA and GeoPark Colombia S.L.U. The settlement of the Notes offering is expected to take place on January 17, 2020, subject to customary closing conditions.

Total demand for the issue from top tier institutional investors exceeded $2 billion and was oversubscribed by more than six times. The net proceeds from the Notes offering will be used by the Company to pay the purchase price in connection with the previously announced acquisition by the Company of Amerisur Resources Plc. (the “Amerisur Acquisition”) and for general corporate purposes, including capital expenditures. On January 14, 2020, the Amerisur Acquisition was approved by the UK courts without condition. No other regulatory conditions must be satisfied before consummating the acquisition.

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