GeoPark (GPRK) has released an update.
GeoPark Limited, an independent Latin American oil and gas explorer, reports a strong first quarter in 2024 with average production of 35,473 barrels of oil equivalent per day (boepd), overcoming blockades and maintenance challenges. Production has since surged to over 38,000 boepd, driven by high performance in Colombia’s Llanos 34 and CPO-5 blocks. The company maintains its 2024 guidance with a fully-funded capital expenditures program, aiming to drill 35-45 wells throughout the year.
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