GeoPark Limited announced a strategic entry into Venezuela through the acquisition of the Bare Block, a heavy oil asset in the Orinoco Belt. Grupo Gilinski will become the controlling shareholder by exchanging its interest in the project for approximately 42.1 million GeoPark shares issued at $12.22 per share, representing a 26% premium to the 30-day VWAP. This transaction implies an immediate value accretion of $1.5 per share and includes a $100 million tender offer by Grupo Gilinski at the same price. The deal grants GeoPark a 65% net working interest under a 25-year Production Participation Contract with PDVSA, subject to regulatory approvals within 120 days. Proforma production is expected to reach 75-85 kboepd by 2030, significantly expanding the company's reserves and EBITDA generation capabilities in Latin America. GeoPark Limited operates as an independent energy company focused on oil and gas exploration and production across Latin America.

GeoPark Limited reported second quarter 2026 financial results with revenue of $143.3 million and Adjusted EBITDA of $73.1 million. The company declared a quarterly cash dividend of $0.023 per share, payable on September 2, 2026, to shareholders of record as of August 19, 2026. Net income totaled $14.0 million against operating profit of $40.8 million and capital expenditures of $76.4 million. Cash and cash equivalents increased to $316.3 million while net debt stood at $317.8 million with a leverage ratio of 1.2x. The Board also approved a revised committee structure reducing standing committees from six to four and appointed James F. Park as Chair of the Board. GeoPark is an independent energy company engaged in oil and gas exploration and production across Latin America.

GeoPark Ltd filed interim condensed consolidated financial statements for the six-month period ended June 30, 2026. The company reported a profit of $34.2 million, compared to a loss of $10.3 million in the same period last year. Revenue increased to $271.7 million from $257.1 million. Operating profit rose to $98.8 million from $57.5 million. The filing notes a US$ 25,000,000 break-up fee received from an unconsummated acquisition of Frontera Energy’s E&P assets included in other income. GeoPark operates in the oil and gas exploration and production industry.

GeoPark reported 2Q2026 consolidated average oil and gas production of 27,271 boepd, stable compared to 27,249 boepd in 1Q2026. In Argentina, the company secured a three-year drilling rig contract with Helmerich & Payne and applied for the RIGI program to support over $1 billion in investment, targeting production growth from 1,500 to 20,000 boepd within three years. The company also entered crude oil processing and export agreements with Pan American Energy S.L. through December 31, 2027. At the July 14, 2026 AGM, shareholders elected Gabriel Gilinski, Dorita Gilinski, and Camilo Martinez to the Board, while Sylvia Escovar and Marcela Vaca departed. GeoPark is an independent energy company that explores and produces oil and gas across Latin America.

GeoPark Limited announced that the Board of Directors evaluated and confirmed the independence of five director nominees for the 2026 Annual General Meeting: Robert Bedingfield, Brian Maxted, Carlos Macellari, Constantin Papadimitriou, and Camilo Martínez Beltrán. These nominees meet the independence standards of the company's Corporate Governance Guidelines, the U.S. Securities and Exchange Commission, and the New York Stock Exchange. Shareholders who previously voted may change their votes until 12:00 a.m. EDT on July 13, 2026. GeoPark Limited is an oil and gas exploration and production company.