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GeoPark Secures Corallera Norte Block in Argentina's Vaca Muerta Region

Offshore Technology ·

GPRK
GPRK Geopark Limited
$11.28 -2.34%
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  1. 1GeoPark added 24,200 net acres by securing the Corallera Norte block in Argentina's Neuquen Basin.
  2. 2GeoPark committed a total expenditure of approximately $95 million, including an entry bonus.
  3. 3GeoPark holds a 90% operating interest in the block.

So what's the key point?

GeoPark has acquired new land in Argentina. The company spent approximately $95 million to obtain a 90% operating interest in the area.

Source Offshore Technology · View original ↗

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