GeoPark Energy presents at EnerCom’s The Oil & Gas Conference®
GeoPark Energy (ticker: GPRK) GeoPark is a leading independent Latin American oil and gas explorer, operator and consolidator with assets and growth platforms in Colombia, Peru, Argentina, Brazil and Chile.
Q2 highlights
- Consolidated oil and gas production up 37% to 35,870 boepd (up 11% compared to 1Q2018)
- Oil production increased by 38% to 30,249 bopd (up 11% compared to 1Q2018)
- Colombian production increased by 33% to 27,940 boepd (up 6% compared to 1Q2018)
- Gas production increased by 34% to 33.7 mmcfpd (up 16% compared to 1Q2018)
- Five drilling rigs currently being operated by GeoPark (three in Colombia, one in Argentina and one in Chile)
Breakout session at the EnerCom conference
During GeoPark’s breakout session at the 2018 EnerCom conference, management was asked the following questions:
- Can you comment on Parex’s announced strategic initiative and what that means for you?
- Is there a lot of interest in Colombia at this point? New players? What’s the landscape?
- Are most of your local teams comprised of local citizens?
- You have good relationships with all of the national oil companies, like Ecopetrol. Do you acquire some of their employees?
- Is there a lot of demand for natural gas, like methane, in Chile?
- The Llanos Block. It trends south and cuts off. Would you ever consider acquiring the rest of the land?
- Are the minerals in all five countries government owned?
- How do you view the exploration risk offshore in Brazil compared to other Latin American countries?
- Do you have any plans to expand into Mexico or other South American countries?
- Do you think the success of Exxon and Hess offshore is going to pull more competitors in?
- In Colombia, Ecopetrol says they’re going to spend a lot of money on exploration over the next five years. Do you view that as competing for acreage?
You can listen to GeoPark’s presentation here.
