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GeoPark Ltd

geo-park.com

What Do They Do?

Produces and sells crude oil and natural gas to traders, other producers, and local refineries across Latin America.

Who Are Their Customers?

GeoPark sells Colombian crude competitively to traders and other producers. In Argentina, it sells crude to local refineries, offtakers and operators, with Pluspetrol also serving as a sales agent; Brazilian gas went to Petrobras, and Ecuadorian sales were exported to traders and other producers.

Do Revenues Turn Into Profits?

Yes. It kept 10 cents of every revenue dollar as net income in .

Net income,
10% of revenue
▼ −48% vs ($96.4M, 15%)

How Are They Changing?

Argentina entry The older report said GeoPark had no operations in Argentina; the latest report describes operated Vaca Muerta blocks and an unconventional development platform there.

Chile exit The older report lists operations in Chile; the latest report says GeoPark has no operations there.

Ecuador exit The older report describes oil production activity in Ecuador; the latest report says GeoPark sold its interests in both blocks.

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