GeoPark Unveils 2025 Work Program Focused on Value Maximization

TL;DR

GPRK lays out 2025 plan: focus on value, optimize assets. Expect steady growth.

AI Summary

GeoPark Limited announced its 2025 Work Program on January 17, 2025, focusing on maximizing value from its differentiated asset base for long-term sustainable growth. The program emphasizes optimizing its portfolio and leveraging its existing infrastructure. The company, listed on the NYSE under the ticker GPRK, is headquartered in Bogota, Colombia.

Why It Matters

This announcement provides insight into GeoPark's strategic direction and operational priorities for the upcoming year, which could impact its production levels, financial performance, and shareholder value.

Risk Assessment

Risk Level: low — The filing is a routine announcement of a work program and does not contain significant new risks or material adverse information.

Key Players & Entities

• GeoPark Limited (company) — Filer and subject of the press release
• GPRK (company) — NYSE ticker symbol for GeoPark Limited
• January 17, 2025 (date) — Date of the press release announcing the 2025 Work Program

FAQ

Key Financial Figures

• $400 million — le and Sustainable · More than $400 million of annual EBITDA generation (EBITDA mar
• $70 — · Net Debt to EBITDA 1.5-2.1x @ $70-80/bbl · Strong cashflow gener
• $120 — · Strong cashflow generation ($120-180 million ending cash) · Div
• $30 million — · Maintain an annual dividend of $30 million 1 Return on Average Capital Employed.
• $275 — 2,500 boepd) 2 Capital Expenditures $275 – 310 million Adjusted EBITDA
• $350 — – 310 million Adjusted EBITDA $350 – 430 million RRR Target 100%
• $12 — lion RRR Target 100% Lifting Cost $12 – 14/bbl Total Wells (Gross) 2
• $195 — s. · Vaca Muerta - 10-12 wells, $195-220 million: - Mata Mora Norte Block:
• $80 — full · Colombia - 13-19 wells, $80-90 million: - Llanos 34 Block: Focus
• $7 — /bbl for the consolidated operation and $7-9/bbl for Vaca Muerta. 2 This guidance
• $300 million — ces. This distribution builds on almost $300 million returned to shareholders through divide
• $5 — free cash flow forecast. 4 Assuming a $5-6 Vasconia/Brent differential and a $3-
• $3 — $5-6 Vasconia/Brent differential and a $3-4 Medanito/Brent differential. 5 Net

Filing Documents

• dp223595_6k.htm (6-K) — 50KB
• image_002.jpg (GRAPHIC) — 5KB
• 0000950103-25-000657.txt ( ) — 58KB

Forward-looking statements that appear in a number

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, including, drilling campaign, production guidance, closing of acquisition transaction and production consolidation. Forward-looking are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking

Forward-looking statements speak only as of the

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). Oil and gas production figures included in this release are stated before the effect of royalties paid in kind, consumption and losses. Annual production per day is obtained by dividing total production by 365 days. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GeoPark Limited By: /s/ Jaime Caballero Uribe Name: Jaime Caballero Uribe Title: Chief Financial Officer Date: January 17, 2025

View Full Filing

View this 6-K filing on SEC EDGAR