• A national strike with protests and demonstrations started at the end of April following a new tax reform proposal (that has since been withdrawn). The action has intensified with road blockades across the country affecting supply chains and oil sales.
• As a result, GeoPark has curtailed 12-15 mboe/d net production in Colombia, including 8-9 mboe/d at Llanos 34, up to 4 mbbl/d at CPO 5 and ~2.5 mboe/d at Platanillo (Platanillo is completely shut down). The curtailed production fluctuates sign ....
19 May 2021
GeoPark Limited (NYSE: GPRK): Factoring the impact of unrest in Colombia
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GeoPark Limited (NYSE: GPRK): Factoring the impact of unrest in Colombia
- Published:
19 May 2021 -
Author:
Stephane Foucaud -
Pages:
5
• A national strike with protests and demonstrations started at the end of April following a new tax reform proposal (that has since been withdrawn). The action has intensified with road blockades across the country affecting supply chains and oil sales.
• As a result, GeoPark has curtailed 12-15 mboe/d net production in Colombia, including 8-9 mboe/d at Llanos 34, up to 4 mbbl/d at CPO 5 and ~2.5 mboe/d at Platanillo (Platanillo is completely shut down). The curtailed production fluctuates sign ....