GeoPark Targets 60%+ Production Growth by 2028
Ticker: GPRK · Form: 6-K · Filed: Dec 1, 2025 · CIK: 1464591
| Field | Detail |
|---|---|
| Company | Geopark LTD (GPRK) |
| Form Type | 6-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $65, $60, $70, $190, $110 |
| Sentiment | bullish |
Sentiment: bullish
Topics: growth-strategy, production-guidance, ebrd, oil-gas
TL;DR
GeoPark's Vaca Muerta play set to double EBITDA and boost production 60%+ by 2028.
AI Summary
GeoPark Limited announced its 2026 work program and medium-term guidelines on December 1, 2025. The company plans to return to growth, with its Vaca Muerta position expected to double EBITDA and increase production by over 60% through 2028. This strategic shift follows a reset in Colombia.
Why It Matters
This announcement signals GeoPark's strategic pivot towards significant production increases and financial growth, driven by its Vaca Muerta assets, potentially impacting investor confidence and market valuation.
Risk Assessment
Risk Level: medium — The company's growth targets are ambitious and depend on successful execution of its work program and favorable market conditions in the oil and gas sector.
Key Numbers
- 60% — Production Increase (Projected increase through 2028)
- Double EBITDA — EBITDA Growth (Projected growth through 2028)
Key Players & Entities
- GeoPark Limited (company) — Filer of the report and subject of the announcement
- Vaca Muerta (company) — Key asset driving growth projections
- December 1, 2025 (date) — Date of the press release and announcement
FAQ
What specific actions will GeoPark take to achieve the projected 60% production increase by 2028?
The filing mentions a '2026 Work Program' and a 'reset underway in Colombia' as drivers, but specific actions are detailed in the press release referenced in Item 1.
How will GeoPark's Vaca Muerta position contribute to doubling EBITDA?
The announcement states that the Vaca Muerta position is 'positioned to double EBITDA', implying significant operational efficiencies or increased output from these assets.
What is the timeline for GeoPark's return to growth?
The company's medium-term guidelines indicate a return to growth with production increases targeted through 2028.
What does 'Colombia reset underway' imply for GeoPark's operations?
This phrase suggests a strategic realignment or restructuring of operations in Colombia, which is part of the broader plan to return to growth.
What is the significance of the 'medium-term guidelines' mentioned in the announcement?
These guidelines provide a strategic outlook for GeoPark's performance and growth objectives over the next few years, specifically through 2028.
Filing Stats: 2,382 words · 10 min read · ~8 pages · Grade level 15 · Accepted 2025-12-01 16:30:13
Key Financial Figures
- $65 — Term Guidance Metrics (2026-2028) (a) $65-70/bbl Brent $60-70/bbl Brent $70/bbl
- $60 — ics (2026-2028) (a) $65-70/bbl Brent $60-70/bbl Brent $70/bbl Brent 2025E 20
- $70 — ) $65-70/bbl Brent $60-70/bbl Brent $70/bbl Brent 2025E 2026 2027 2028 Pr
- $190 — gh 2028. In 2026, the Company’s $190-220 million CAPEX program will support
- $110 — · Colombia – 22-31 wells, $110-120 million CAPEX: - Llanos 34 Block:
- $80 — ells. · Vaca Muerta - 5 wells, $80-100 million CAPEX: - Loma Jarillosa E
- $220 — enario, the Company expects to generate $220-300 million in Adjusted EBITDA 3 in 202
- $490 — djusted EBITDA is forecasted to grow to $490-520 million, equivalent to approximatel
- $130 — 2026 cash is expected to range between $130 and 140 million, with a net debt to EBI
- $15 — ting costs are targeted to remain below $15/bbl in 2026, trending toward ~$12/bbl b
- $12 — below $15/bbl in 2026, trending toward ~$12/bbl by 2028. General and administrative
- $4 — expenses are expected to remain around $4/bbl during 2026 and reach approximately
- $3 — bbl during 2026 and reach approximately $3/bbl by 2028. GeoPark’s hedging
- $6 million — end program consisting of approximately $6 million in distributions over four quarters. Th
- $1.5 million — ons over four quarters. This equates to $1.5 million per quarter (or $0.03 per share), begin
Filing Documents
- dp238191_6k.htm (6-K) — 58KB
- image_001.jpg (GRAPHIC) — 5KB
- 0000950103-25-015550.txt ( ) — 66KB
forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission (SEC)
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: December 1, 2025