GeoPark Announces 2024 Work Program and Shareholder Return Guidelines
7 Calculated as expected shareholder returns (dividends and buybacks), divided by GeoPark’s average market capitalization from October 1 to October 31, 2023.
- 7 Calculated as expected shareholder returns (dividends and buybacks), divided by GeoPark’s average market capitalization from October 1 to October 31, 2023.
- The 2024 production guidance of 37,000-40,000 boepd (assuming no production from the 2024 exploration drilling program) includes 33,000-35,500 boepd in Colombia, 1,600-2,000 boepd in Ecuador, 1,000-1,300 boepd in Chile, and 1,000-1,200 boepd in Brazil.
- Certain activities included in the 2024 work program are still subject to obtaining required joint venture, environmental, social or other regulatory approvals.
- Reporting Date, Conference Call & Webcast for 3Q2023 financial results, and 2024 Work Program and Shareholder Return Framework
In conjunction with the 3Q2023 results press release, GeoPark management will host a conference call on November 9, 2023, at 10:00 am (Eastern Standard Time) to discuss the 3Q2023 financial results and the Work Program and Shareholder Return Framework for 2024.