GeoPark (GPRK) has released an update.
GeoPark Limited, a major independent oil and gas company in Latin America, reported a slight increase in their 2Q2024 production, achieving a new quarterly record with consolidated pro forma production surpassing 41,000 barrels of oil equivalent per day (BOEPD). Growth was driven by increased output in Ecuador and Colombia, despite a temporary halt in Brazil’s Manati gas field production. The company continues to expand with 11 rigs operational and significant upcoming drilling projects, including both appraisal and exploration wells across several blocks.
For further insights into GPRK stock, check out TipRanks’ Stock Analysis page.
