GeoPark Completes Venezuela Entry in Share-for-Interest Deal
GeoPark completed its 25-year Bare Block contract in Venezuela and issued 42,135,872 shares for Grupo Gilinski’s remaining 95% interest in its holding company. Gilinski now holds approximately 56.3% of GeoPark; no cash payment was made.
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11:32:54 AM UTC
SquawkNews
GeoPark said the 25-year Production Participation Contract for the Bare Block is now effective, comp
11:37:13 AM UTC
SquawkNews
GeoPark: Advancing Preparations to Complete Operational Takeover of the Bare Block Before Yr-end 2026 >GPRK
GeoPark completed its 25-year Bare Block contract in Venezuela and issued 42,135,872 shares for Grupo Gilinski’s remaining 95% interest in the holding company. Gilinski now holds approximately 56.3% of GeoPark; no cash acquisition payment was made.Material DetailsContext by AI AnalystThis is an ear…