• GeoPark produced 39.3 mboe/d in 4Q20 and 40.2 mboe/d in 2020 within the FY20 production guidance of 40-42 mboe/d.
• WI Production at Llanos-34 in 4Q20 was a bit light on slower production recovery due to limited drilling and maintenance activities. This was offset by strong production at CPO-5 and over the rest of the Colombia portfolio. Production at Llanos-34 is expected to return to 27-28 mbbl/d in 1Q21.
• The Aguila-1 prospect at CPO-5 was not commercial. The Grulla-1 re-entry showed non-c ....
08 Jan 2021
GeoPark Limited (NYSE: GPRK): Delivering on production guidance. Very busy drilling programme in 2021
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GeoPark Limited (NYSE: GPRK): Delivering on production guidance. Very busy drilling programme in 2021
• GeoPark produced 39.3 mboe/d in 4Q20 and 40.2 mboe/d in 2020 within the FY20 production guidance of 40-42 mboe/d.
• WI Production at Llanos-34 in 4Q20 was a bit light on slower production recovery due to limited drilling and maintenance activities. This was offset by strong production at CPO-5 and over the rest of the Colombia portfolio. Production at Llanos-34 is expected to return to 27-28 mbbl/d in 1Q21.
• The Aguila-1 prospect at CPO-5 was not commercial. The Grulla-1 re-entry showed non-c ....