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GeoPark ( (GPRK) ) has provided an announcement.
GeoPark Limited announced its operational update for the fourth quarter of 2024, highlighting a decline in oil and gas production due to blockades in Colombia but noting strong results from its waterflooding projects and new well operations. The company’s operations in Argentina’s Vaca Muerta continue to deliver strong production results, with increased reserves expected to offset potential declines in Colombia, while exploration activities in areas like Putumayo are set to boost future output.
More about GeoPark
GeoPark Limited is a leading independent energy company with over 20 years of successful operations across Latin America, primarily engaged in the exploration, development, and production of oil and gas. The company has significant operations in Colombia, Argentina, and Ecuador, focusing on enhancing recovery rates and expanding its reserves through strategic drilling and exploration campaigns.
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.