Geopark Share Discussion Threads

[bbluesky] 26/1/2019 09:08

Nice to see some old familiar names! And finally Peru might be arriving which could be another important string to the bow....

[loafingchard] 25/1/2019 16:17

Yeah, I'll take that .Steady as she goes.

[bobdouthwaite] 23/1/2019 09:59

Fourth Quarter 2018 Highlights

Oil and Gas Production: Hits and Exceeds Targets

Annual 2018 average production up 31% to 36,027 boepd, hitting 35,500-36,500 boepd guidance
Record 2018 exit production of 39,600 boepd, exceeded guidance of 38,000-39,000 boepd
Consolidated oil and gas production up 26% to 38,741 boepd (up 4% compared to 3Q2018)
Oil production increased by 30% to 32,859 bopd (up 5% compared to 3Q2018)
Gross operated production in Llanos 34 block (GeoPark operated, 45% WI) surpassed 70,000 bopd
Gas production increased by 11% to 35.3 mmcfpd

Operations: Capital Efficiency and Execution

GeoPark’s 2018 work program included a total of 33 gross wells drilled (30 operated with a success rate of over 85%), including development, appraisal and exploration wells, as part of its $140-150 million capital expenditure plan
In Colombia: eight new wells were tested and put on production in the Llanos 34 block, adding 7,000 bopd gross from new wells. Llanos 34 flowline on schedule and on budget
In Brazil: Praia dos Castelhanos 1 exploration well was drilled in the REC- T-128 block (GeoPark operated, 70% WI) and will be completed and tested in 1Q2019

Portfolio Growth: Acquisition of LGI’s Interests in Colombia and Chile

Acquired LGI’s 20% equity interest in GeoPark’s Chilean and Colombian subsidiaries, which expanded the Company’s participation in the valuable Llanos 34 block, and contributed with significant corporate synergies and bottom-line benefits
Divested high-cost, non-core La Cuerva and Yamu Colombian assets for up to $20 million

Catalysts: 1Q2019

Testing five drilled wells and drilling five new wells, including development, appraisal and exploration wells across the pan-regional portfolio in Colombia, Argentina, Brazil and Chile
Flowline in the Llanos 34 block expected to be operational in 1Q2019
New independent reserves certification by DeGolyer and MacNaughton (D&M) underway and expected to be released in early February 2019

[thegreatgeraldo] 04/9/2018 23:00

Whatever's going on, 700k volume strikes me as a positive

[loafingchard] 04/9/2018 21:53

Evening bb, yeah I'm sticking around to ride the wall of worry in this oil bull via SQZ, HUR and GPRK. DYOR etc and good luck

[bbluesky] 04/9/2018 19:36

Glad you are still around, guys and gals. I would put it down to firstly seller cleared (?),the oil price moving up and maybe Argentina devaluation, which means local costs are a lot less. I still like the argument that Aramco are looking for an oil price of $100 before they float and of course the track record of GPRK, so hopefully speak to you later

[loafingchard] 04/9/2018 18:07

BOOM ! No , me neither other than the news a few days ago of the new find by the junior explo team . GLA.

[thegreatgeraldo] 04/9/2018 17:45

Can't see any reason for today's rise?

[thegreatgeraldo] 14/8/2018 16:16

May have been news (or lack thereof) from PXT, who have put up all their producing assets up for sale, including Llanos 34

[loafingchard] 14/8/2018 16:09

Thanks TGG, seems somewhat overdone ....

[loafingchard] 09/8/2018 15:41

A puzzling reaction to record results. What am I missing?

[andymag] 19/4/2018 21:18

Share price continuing upwards closed at 15.02 !!

[andymag] 18/4/2018 22:33

Testing new highs with further extension of Tigana oil field in Columbia

[bbluesky] 10/1/2018 19:57

Yes, impressive.Once over $11...I think it could be a very interesting year, as they seem to have a well thought out strategy and intriguing footholds.

[loafingchard] 10/1/2018 17:27

Update out . Record production again .

Approaching all time share price highs , GLA. DYOR etc

[loafingchard] 23/12/2017 12:33

Yes indeed, acquisitions in Argentina and Colombia finally being recognised in the share price. This outfit goes from strength to strength imo. Happy to hold in size .

[bbluesky] 23/12/2017 10:04

FYI There has been some very interesting news this week.

[thegreatgeraldo] 18/8/2017 14:47

Q2/H1 results out last night, production nudged over 26kboepd in Q2, Llanos block 34 still going strong, Peru on the horizon,

[thegreatgeraldo] 12/6/2017 14:16

Further drilling success at Llanos 34,

[thegreatgeraldo] 10/4/2017 19:17

Q1 17 update out today,



Good production growth from the Llanos 34 block & 4 explo wells planned there in Q2,with 3 dev/app wells on the same block set for testing in Q2, having been drilled in Q1

[thegreatgeraldo] 09/1/2017 14:29

Q416 update out today...looks good to me,

[loafingchard] 21/10/2016 16:53

More drilling success out in South America, 3200 barrels a day flow rate not to be sniffed at ." The Tigana 4 well was drilled to total depth in 9.5 days with an estimated drilling and completion cost of $3.3 million. At current oil prices and production rates, this well is expected to have a payback in less than six months and an IRR greater than 500%. The Tigana oil field, discovered by GeoPark in December 2013, has a current production rate of approximately 15,000 bopd gross from 8 wells "

[loafingchard] 22/8/2016 15:37

Geopark strike oil again ! See rns :)

[sailing john] 14/8/2016 22:11

Hi Bob - still sitting on hands. Tempted but at the end of the day stock price dependent on oil price and even though oil sector investment significantly reduced oil may not recover for some time.

If/when I return to oil GPRK will be at or close to top of the list of potential investments.

GL - SJ