GeoPark Announces 2020 Certified 2P Reserves of 175 Million Boe With Net Present Value (After Tax) of $2.5 Billion
All reserves included in this release refer to GeoPark working interest reserves before royalties paid in kind, except when specified.
- All reserves included in this release refer to GeoPark working interest reserves before royalties paid in kind, except when specified.
- Net present value after tax discounted at 10% (NPV10 after tax) of 1P reserves decreased by 6% to $1.5 billion due to a lower price deck
2P Reserves: Proven and probable (2P) reserves in Colombia increased 9% to 141.0 mmboe, with a 2P RLI of 11.6 years. - NPV10 after tax of 1P reserves decreased by 10% to $1.6 billion
2P Reserves: 2P reserves increased 6% to 174.7 mmboe, with a 2P RLI of 11.9 years. - NPV10 after tax of 2P reserves remained steady at $2.5 billion
3P Reserves: 3P reserves increased 19% to 270.9 mmboe, with a 2P RLI of 18.4 years.