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An announcement from GeoPark ( (GPRK) ) is now available.
GeoPark Limited announced its acquisition of non-operated working interests in four contiguous unconventional blocks in the Vaca Muerta shale formation, with the transaction expected to close in the first quarter of 2025, pending regulatory approvals. This strategic move enhances GeoPark’s portfolio by expanding its foothold in one of Argentina’s most promising oil and gas basins, potentially impacting its reserves and production capabilities.
More about GeoPark
GeoPark Limited is an oil and gas exploration company, operating primarily in Latin America with a focus on developing and managing a diverse portfolio of hydrocarbon assets. The company is involved in the acquisition and exploration of unconventional blocks, particularly in the Vaca Muerta shale formation in Argentina.
YTD Price Performance: 3.06%
Average Trading Volume: 602,284
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $534.6M
Learn more about GPRK stock on TipRanks’ Stock Analysis page.
