ma
Eos el
GEOPARK
Santiago, 24 de julio de 2014
Geopark Limited
Inscrito en el Registro de Valores Extranjeros bajo N* 045
Señor
Carlos Pavez Tolosa
Superintendente de Valores y Seguros
Av. Libertador Bernardo O’Higgins N* 1449, piso 1
PRESENTE
REF.: Adjunta información relevante que se
publicó el día de hoy a través de un
comunicado de prensa en Estados
Unidos.
Señor Superintendente:
En virtud de lo establecido en la Norma de Carácter General
N*352 sección ll, por medio de la presente adjunto información considerada como
relevante para la empresa, que ha sido entregada el día de hoy a través de un
comunicado de prensa distribuido en Estados Unidos, en el cual se informa le ha sido
adjudicada una nueva licencia exploratoria durante la Ronda de Licitaciones 2014 de
Colombia llevada a cabo el día de ayer. El nuevo bloque adjudicado (Bloque VIM-3)
cubre un área de aproximadamente 225.000 acres y está localizado en la Cuenca
Magdalena.
La información adjunta consiste en un comunicado de prensa
de dos páginas en idioma inglés.
Sin otro particular, saluda atentamente a Usted,
14 +
F Pedro Aylwin Chiorríni
pp. GEOPARK LIMITED
Nuestra Señora de los Ángeles 179 – Las Condes, Santiago – Chile
Tel. (+56 2) 2429600 – infoWgeo-park.com – www.geo-park.com
rr
al
GEODPARK
FOR IMMEDIATE DISTRIBUTION
GEOPARK ANNOUNCES EXPANSION IN COLOMBIA
THROUGH THE AWARD OF A NEW HYDROCARBON BLOCK
IN THE 2014 COLOMBIA BIDDING ROUND
Santiago, Chile — July 24, 2014 — GeoPark Limited (“GeoPark”) (NYSE: GPRK), the
Latin American oil and gas explorer, operator and consolidator with operations and
producing properties in Chile, Colombia, Brazil and Argentina, today announces its
continued expansion in Colombia through the award of a new exploratory license during
the 2014 Colombia Bidding Round, carried out by the Agencia Nacional de
Hidrocarburos (“ANH”) on July 23, 2014 in Cartagena, Colombia.
GeoPark was awarded the VIM-3 Block in the Lower Magdalena Basin, covering an area
of approximately 225,000 acres. The block has an attractive oil and gas exploration
potential in a large area within a proven hydrocarbon system — surrounded by existing
oil and gas fields and with sparse exploration activity carried out to date.
GeoPark’s winning bid consisted of committing to a Royalty X Factor of 3% and a
minimum investment program of carrying out 200 sq km of 2D seismic and drilling one
exploration well, with a total estimated investment of US$22.2 million during the initial
three year exploratory period. GeoPark will operate and have a 100% working interest
in the block. The winning bid is subject to final signature of the contracts with the ANH,
which is currently scheduled for 3Q2014.
James F. Park, CEO of GeoPark, said: “Congratulations to our Colombian team for the
award of this new block, which expands and diversifies GeoPark’s existing attractive ten
block portfolio in Colombia – and also continues our record of steady new project
growth and consolidation throughout Latin America. The new block represents a high
potential opportunity to continue to build on GeoPark’s successful track record of finding
oil and gas and rapidly growing production in Colombia — in addition to leveraging
current operational synergies.”
CONTACTS:
Pablo Ducci – Director Capital Markets pducciOgeo-park.com
Sofia Chellew – Investor Relations schellewOgeo-park.com
Santiago, Chile
T: +562 2242 9600 www.geo-park.com
NOTICE
Additional information about GeoPark can be found in the “Investor Support” section on
the web site at www.geo-park.com
CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION
This press release contains statements that constitute forward-looking statements.
Many of the forward looking statements contained in this press release can be identified
by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,”
ma;
“should,” “plan,” “intend,” “will,” “estimate” and “potential,” among others.
Forward-looking statements appear in a number of places in this press release and
include, but are not limited to, statements regarding the intent, belief or current
expectations, regarding various matters, including expected 2014 production growth
and capital expenditures plan. Forward-looking statements are based on management’s
beliefs and assumptions and on information currently available to the management.
Such statements are subject to risks and uncertainties, and actual results may differ
materially from those expressed or implied in the forward-looking statements due to
various factors.
Forward-looking statements speak only as of the date they are made, and the Company
does not undertake any obligation to update them in light of new information or future
developments or to release publicly any revisions to these statements in order to reflect
later events or circumstances or to reflect the occurrence of unanticipated events. For a
discussion the risks facing the Company which could affect whether these forward-
looking are realized, see filings with the U.S. Securities and Exchange Commission.
Link al archivo en CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=15e8bb145f58dabe19263ad332d21343VFdwQmVFNUVRVE5OUkVFelQxUnJOVTlCUFQwPQ==&secuencia=-1&t=1682366909
