• Production from April to May was 38,726 boe/d in line with expectations. Gross production at CPO-5 continues to be >20 mbbl/d. For the first time, GeoPark is providing a production target for 2026 of 55-60 mboe/d through risked exploration.
• The Urraca-1 exploration well on CPO-5 encountered heavy oil in the Mirador with no reservoir in the Guadalupe. The well was drilled at the edge of Guadalupe potential structure and the result has a negligible impact on prospective resources. The Mirador ....
27 Jun 2022
GeoPark Limited (NYSE: GPRK): Third discovery in a row in Ecuador. 60+% production growth from 2021 to 2026
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GeoPark Limited (NYSE: GPRK): Third discovery in a row in Ecuador. 60+% production growth from 2021 to 2026
- Published:
27 Jun 2022 -
Author:
Stephane Foucaud -
Pages:
5
• Production from April to May was 38,726 boe/d in line with expectations. Gross production at CPO-5 continues to be >20 mbbl/d. For the first time, GeoPark is providing a production target for 2026 of 55-60 mboe/d through risked exploration.
• The Urraca-1 exploration well on CPO-5 encountered heavy oil in the Mirador with no reservoir in the Guadalupe. The well was drilled at the edge of Guadalupe potential structure and the result has a negligible impact on prospective resources. The Mirador ....