GeoPark announces strategic entry into Venezuela via Grupo Gilinski deal
Latin America-focused energy company GeoPark said it is strategically entering Venezuela through a deal with Colombia’s Grupo Gilinski, targeting Venezuela’s heavy-oil Bare Block asset.
Latin America-focused energy company GeoPark said it is entering Venezuela through a deal with Grupo Gilinski, adding to a wave of firms seeking access to the country’s oil reserves. The U.S.-listed company’s entry is centered on the Bare Block, a heavy oil asset in Venezuela’s petroleum region.