Geopark Share Discussion Threads

[loafingchard] 08/11/2023 16:21

Is this Gerry selling some or buying?Cheers

[whealan] 10/10/2022 13:11

We seem to have repeated support just above$10 and it should double that as long as geopolitics and the boardroom remain stable.

[loafingchard] 10/8/2022 22:38

What am I missing? This always seems to sell off further than my other producers and rebound less or run out of momentum on upswings . I would have thought this should be $18+. Maybe trim a bit for potential incoming recession, possible reduced demand, lower POO etc etc We have some debt, looks well covered to me. Boardroom shenanigans fairly recently. Ongoing?Some of the countries / acreage have been damp squibs Can we have a bear list please? Anyone want to share any concerns or misgivings you have towards GPRK

[bbluesky] 28/3/2022 18:05

Je t'adore ecuador!

[loafingchard] 28/3/2022 14:37

Yeah nice, low water cut too, hopefully it stays that way..

[hashertu] 28/3/2022 14:24

A promising start to the year.
2/2 succesful exploration wells bodes well for the future.

[loafingchard] 11/3/2022 14:44

Aye, plenty of talk of a new commodities supercycle in the making. Years of under investment thanks to the green lobby. Might be good for resource investors but the inflation may also be painful for everyone. Fingers crossed it doesn't get out of control or no one wins longer term. Thanks for the pics ?

[bbluesky] 11/3/2022 08:25

Loaf - there are some interesting pics here.

Chart - a long way for commodities to go

[bbluesky] 10/3/2022 20:56

Thx will check out PTAL. Yes, I agree and think the backroom shenanigans have held the price back. Been thinking of topping up actually. IMV an exceptional company in a great position and now rid of the shackles of out of time CEO. But respect for getting it going+

[loafingchard] 10/3/2022 19:23

Evening bblueYeah production still strong and they do so well with the drill. It is perplexing that the share price has been held back compared to others in the sector, I'm wondering if investors might feel more inclined now the executives look to be putting changes in place. It could well have been turning some folk off. I hear you regarding Peru, I'm also in PTAL and it's been a great hold but not without gyrations. All the best.

[bbluesky] 10/3/2022 18:26

Hi loaf, we have been here a few years now! I am in even more bullish mood post RNS. Good to see Park fall on his sword, after the biting criticisms of 2021. Good to have got rid of the distractions of Brazil and Argentina and back to concentrating on North West S.Am.as well. Hoped Peru would be a big hit, but clearly too much politics, though maybe the price of oil will soften that in time. But Ecuador and more Colombia smells very sweet to me. And of course none of the new stuff they are finding is in the forecast and 96% hit ratio shows a renewed focus. Bet the new brooms can't wait to get sweeping! I simply don't understand the good/bad effect of hedging, but good to see the debt come down. New era could be a comin -choo choo!!

[loafingchard] 10/3/2022 16:05

Market seems to like the news, doubling of the dividend and a boardroom shuffle.

[whealan] 24/6/2021 12:30

The direction of the share price seems to bear no relation to the weight of shares being bought or sold, at least at these low volumes.

[whealan] 23/6/2021 17:37

LC

I agree. Strangely G O'S's letter disappeared from my e-mail inbox when the initial rebuttal came.

[loafingchard] 23/6/2021 15:25

No , I have nothing to add , on the surface it looks like sour grapes to me . Who knows what shenanigans have occurred behind closed boardroom doors in the past but ultimately the entire board voted unanimously to oust Gerry. SP appears to be regaining composure having been destabilised the last few sessions. Quite a few oiler don't seem to be responding logically to the buoyant POO. Imho

[hashertu] 23/6/2021 08:57

Can anyone add colour/context to yesterday's letter spat between BoD and ex-chairman?

[whealan] 09/6/2021 22:39

GeoPark also announces that its Board has nominated Maria Fernanda Suarez for election as a new independent director at its Annual Meeting.



Ms. Suarez, 46, has a highly distinguished career in both the public and private sectors, including serving as Minister of Energy and Mines of Colombia and as Vice President of Strategy and Finance (CFO) of Colombia’s national oil company Ecopetrol (NYSE: EC).

[whealan] 01/6/2021 19:05

Quite so. We don't want to sail close to the wind on covenants - it makes me nervous

[loafingchard] 01/6/2021 16:12

I'll be happy with that as long as they keep the gearing in check .

[bbluesky] 29/5/2021 23:00

Re : The green movement in oil (of which I am sympathetic) is in danger of talking the talk before it can walk the walk. Opportunity knocks for GPRK. Big fields coming our way imo.

[whealan] 29/5/2021 10:03

From MoneyWeek 28th May - Analysis by James McKeigue

" GeoPark is my favourite oil and gas firm. Its main operations are in Colombia, where production has been curtailed by recent protests, but it also operates in Argentina, Brazil,Chile and Ecuador. Co-founder James Park believes the energy transition is good for his company. "The majors are making lots of noise about leaving oil and gas for renewable energy, which...creates more opportunities for independents such as GeoPark". The firm has improved its environmental profile by connecting to Colombia's 60%-renewable energy grid and building pipelines to reduce tankers' journeys. It's also a low cost producer, with 95% of its oil profitable with oil at $30 a barrel"

[loafingchard] 13/3/2021 23:04

Cheers whealan The same author on SA wrote a good article last year as well .

[loafingchard] 13/3/2021 23:01

Hi folks ,I'm happy enough to keep holding and also have confidence in the management. Operationally they tend to deliver which helps in keeping the faith while the POO was low and debt uncomfortably high . I agree with bbluesky in that I plan to hold long term and watch them keep growing and growing. The track record speaks for itself. I also hold PTAL.L , Petrotal have also had a rough ride operating in Peru . They appear to be navigating the agro caused by locals protesting and are back producing again with plans to expand their output organically and through acquisition. They may have an eye on one of Geoparks blocks (in Peru) . They have the advantage of excellent Peruvian management with a long history there and contacts in the right places.

[whealan] 13/3/2021 22:49

This is worth reading if you haven't seen it.



My major holding.