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.
By Fabiana Negrin OchoaLatin America-focused energy company GeoPark has announced its strategic entry into Venezuela, adding to the rush of firms lining up to tap the country's vast oil reserves.U.S.-listed GeoPark's entry is centered on the Bare Block, a heavy oil asset in Venezuela's petroleum-ri…