Market Impact: Negative. GeoPark announced 2Q16 production results of 21,143 boe/d, which was 5% less than FirstEnergy's estimate of 22,356 boe/d. The production miss was due to shut-in volumes in Colombia that will be restored in 2H16e and reduced production volumes in Brazil that are expected to persist for the remainder of 2016e.
20 Jul 2016
2Q16 OPERATIONAL UPDATE
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2Q16 OPERATIONAL UPDATE
GeoPark Ltd (0MDP:LON) | 0 0 (-1.2%) | Mkt Cap: 598.8m
- Published:
20 Jul 2016 -
Author:
Darren B. Engels -
Pages:
3
Market Impact: Negative. GeoPark announced 2Q16 production results of 21,143 boe/d, which was 5% less than FirstEnergy's estimate of 22,356 boe/d. The production miss was due to shut-in volumes in Colombia that will be restored in 2H16e and reduced production volumes in Brazil that are expected to persist for the remainder of 2016e.