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al
GEOPARK
Santiago, 03 de septiembre de 2015
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 en el U.S. Securities and
Exchange Commission (SEC) el día de
ayer.
Señor Superintendente:
En virtud de lo establecido en la Norma de Carácter General N*352, por medio de la
presente adjunto información considerada como relevante para la empresa, que ha
sido entregada el día de hoy en el U.S. Securities and Exchange Commission
(¿SEC”) mediante un comunicado de prensa donde se informa el descubrimiento de
un nuevo yacimiento de petróleo en el Bloque Llanos 34 en Colombia. GeoPark
posee una participación de 45% en dicho bloque y es operador del mismo
La información adjunta consiste en un documento de dos páginas escrito en idioma
inglés.
Sin otro particular, saluda atentamente a Usted,
/ / Pedro Aylwin Chiorrini
pp. GEOPARK LIMITED
Nuestra Señora de los Ángeles 179 – Las Condes, Santiago – Chile
Tel. (+56 2) 22429600 – infoOgeo-park.com – www.geo-park.com
pr
al
GEOPARK
FOR IMMEDIATE DISTRIBUTION
GEOPARK ANNOUNCES NEW JACANA OIL FIELD DISCOVERY IN COLOMBIA
Santiago, Chile – September 02, 2015 — GeoPark Limited (“GeoPark”) (NYSE: GPRK), the
Latin American oil and gas explorer, operator and consolidator with operations in Chile,
Colombia, Brazil, Argentina and Peru!, today announces a new oil field discovery following the
drilling of exploration well Jacana 1, located on the Llanos 34 Block in Colombia. GeoPark
operates and has a 45% working interest in the Llanos 34 Block.
The Jacana field is located south-west of the large Tigana oil field, following the same fault
trend, and appears to be a combination structural-stratigraphic trap. GeoPark drilled and
completed the Jacana 1 exploratory well to a total depth of 10,900 feet. Both the Guadalupe
and Mirador formations had indications of hydrocarbons during drilling and from electric log
interpretation. A test conducted with an electrical submersible pump in the Guadalupe
formation, at approximately 10,200 feet, resulted in a production rate of approximately 1,880
barrels of oil per day of 14.9 degree API, with approximately 1.9% water cut. Further
production history is required to determine stabilized flow rates of the well and the extent of
the field.
GeoPark restarted its drilling campaign in June 2015 with successful results so far that include
the Chachalaca light oil discovery recently announced on August 27, 2015. Currently, the
Company ¡is drilling the Tilo 2 appraisal well, also in the Llanos 34 Block, with testing scheduled
for the following weeks. The Company is planning to begin drilling the Jacana 2 appraisal well
following the completion of Jacana 1.
These activities are part of the Company’s fully-funded 2015 work program that can be
adjusted to different oil price scenarios in order to match cash flows from operations, preserve
cash and maintain balance sheet strength.
James F. Park, Chief Executive Officer of GeoPark, said, “Again, the strength of GeoPark’s oil
finding team and the attractive geology and economics of the Llanos 34 Block have been
demonstrated by the new Jacana discovery, immediately following our earlier Chachalaca
discovery. We are back with the drill bit and, even in the current low oil price environment,
continuing to profitably grow our production, reserves and cash flow on the Llanos 34 Block.”
1 Transaction executed with Petroperu on October 1, 2014 with final closing subject to Peru Government approval.
Producing Oil Fields and Exploration Prospects in the Llanos 34 Block, Colombia
Chachalaca Y O
Discovered 2015 Chiricoca
Prospect
Max
Discovered
2012
Tilo Discovered
2015
Tigana
Discovered 2013
Tua
Discovered
2012
ó
Discovered 2013
Tarotaro
iscovered 201:
Jacana
Discovered 2015
LP mochuelo
Prospect
NU O Exploration Prospects
1D Oil Fields
GEOPARK CONTACT:
Pablo Ducci – Director Capital Markets pduccigeo-park.com
Santiago, Chile
T: +562 2242 9600 www.geo-park.com
NOTI CE
Additional information about GeoPark can be found in the “Investor Support” section of 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,” “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 oil discoveries and production in the Llanos 34 block. 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
of the risks facing the Company which could affect whether these forward-looking statements
are realized, see the Company’s filings with the U.S. Securities and Exchange Commission.
HAFH
Link al archivo en CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=bb3118d5c800ea709ef5a12c37700c06VFdwQmVFNVVRVFZOUkVWM1RucGplRTUzUFQwPQ==&secuencia=-1&t=1682366909
