GeoPark to Acquire Vaca Muerta Assets from Pluspetrol for $115M
Key Takeaways GeoPark will acquire 100% of two Vaca Muerta shale blocks, assuming operatorship from Pluspetrol.The deal adds 12,300 acres with 60M barrels of oil resources under 30 year concessions.Blocks produce up to 2,000 boe/d, with output seen lifting GeoPark's 2025 pro forma production.GeoPark Limited (GPRK) , an independent oil and gas firm with primary operations across Latin America, announced that it has signed an agreement with Pluspetrol S.A. to acquire the Loma Jarillosa Este and Puesto Silva O ...