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GeoPark Board Confirms Rejection of Unsolicited Acquisition Proposal From Parex Resources
GeoParkGeoPark(US:GPRK) Businesswireยท2025-10-30 03:10

Core Viewpoint - GeoPark Limited has rejected an unsolicited acquisition proposal from Parex Resources Inc. for $9.00 per share, indicating the Board's confidence in the company's value and future prospects [1]. Company Summary - GeoPark Limited is a leading independent energy company with over 20 years of successful operations in Latin America [1]. - The proposal from Parex Resources was received on September 4, 2025, prior to GeoPark's announcement of its transactions [1]. Board Decision - The Board of Directors of GeoPark reviewed the acquisition proposal and unanimously decided to reject it [1].