GeoPark says will not raise offer for Frontera's Colombia oil and gas assets (GPRK:NYSE)

Core Viewpoint - GeoPark (GPRK) announced that it will not increase its offer for Frontera Energy's (FECCF) Colombian oil and gas assets [2] Group 1: Company Actions - GeoPark has decided to maintain its current offer for the assets, indicating a strategic choice not to engage in further bidding [2] - Frontera Energy's board has evaluated a binding offer from Parex Resources, suggesting competitive interest in its assets [2]