GeoPark (GPRK) has released an update.
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GeoPark Limited has announced a successful start of production at the Confluencia Norte Block in Argentina’s Vaca Muerta formation, marking a significant milestone in their exploration efforts. The development includes three unconventional wells with a production rate of 4,000 barrels of oil per day, showcasing promising potential for future growth in this region. This achievement highlights GeoPark’s strategic partnership with Phoenix Global Resources and their commitment to unlocking vast resources and creating long-term value for shareholders.
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