GeoPark Enters Vaca Muerta as Operator of Two High Quality Blocks

Core Viewpoint - GeoPark Limited has announced an agreement to acquire a 100% operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks targeting black oil in the Vaca Muerta formation, indicating a strategic expansion in Argentina's energy sector [1]. Company Summary - GeoPark Limited is a leading independent energy company with over 20 years of successful operations across Latin America [1]. - The acquisition involves a focus on black oil, which is significant for enhancing the company's portfolio in the Vaca Muerta formation, a key area for oil production in Argentina [1]. Industry Summary - The Vaca Muerta formation in Neuquen Province, Argentina, is recognized for its potential in black oil production, making it an attractive target for energy companies [1]. - The agreement with Pluspetrol S.A. reflects ongoing investment interest in the Latin American energy sector, particularly in unconventional oil resources [1].