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GeoPark announces 2025 Work Program to deliver increasing value
The Fly

GeoPark announces 2025 Work Program to deliver increasing value

GeoPark (GPRK) Limited announced its 2025 Work Program, approved by its board. The program is “designed to deliver increasing value to its shareholders through disciplined capital allocation, operational excellence, and sustainable growth.” The program integrates and responds to the following key principles of GeoPark’s “North Star” strategy: Highly profitable, dependable and sustainable, with more than $400M of annual EBITDA generation; Focused on growth through big assets, big basins and big plays, with a diversified footprint in Colombia, Argentina, and Brazil; Near term performance, long term vision and targets, targeting 70,000 boepd mid-term (2028), 100,000 boepd long-term (2030); Financial flexibility and stewardship, with net debt to EBITDA 1.5-2.1x at $70-80/bbl, strong cashflow generation of $120M-180M ending cash; and Competitive shareholder returns while driving sustainable growth, by maintaining an annual dividend of $30M.

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