• 1Q23 production was 36,578 boe/d. This is very close to our expectations of 37,200 bpe/d. High production at CPO-5 (WI: 5,012 bbl/d vs our expectation of 4,500 bbl/d) and Platanillo (2,227 bbl/d vs our expectation of 2,000 bbl/d) was offset by lower production in Chile and Brazil on lower gas offtake. Production in these two countries is lower margin than in Colombia.
• The Indico 6 and Indico 7 wells in the CPO-5 block in Colombia continue to be offline until definitive surface facilities are ....

12 Apr 2023
GeoPark Limited (NYSE: GPRK): First horizontal well at LL-34 in production at over 3,000 bbl/d

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GeoPark Limited (NYSE: GPRK): First horizontal well at LL-34 in production at over 3,000 bbl/d
- Published:
12 Apr 2023 -
Author:
Stephane Foucaud -
Pages:
5 -
• 1Q23 production was 36,578 boe/d. This is very close to our expectations of 37,200 bpe/d. High production at CPO-5 (WI: 5,012 bbl/d vs our expectation of 4,500 bbl/d) and Platanillo (2,227 bbl/d vs our expectation of 2,000 bbl/d) was offset by lower production in Chile and Brazil on lower gas offtake. Production in these two countries is lower margin than in Colombia.
• The Indico 6 and Indico 7 wells in the CPO-5 block in Colombia continue to be offline until definitive surface facilities are ....