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GeoPark ( (GPRK) ) has shared an announcement.
On March 31, 2025, GeoPark Limited announced the divestment of its non-core assets, including the Llanos 32 Block in Colombia and the Manati gas field in Brazil, for a total of $20 million. This strategic move, along with cost reduction initiatives, aims to enhance the company’s focus on high-impact assets and achieve annual savings of approximately $5-7 million, aligning with its long-term growth strategy.
More about GeoPark
GeoPark Limited is a leading independent energy company with over 20 years of operations across Latin America. The company focuses on the exploration, development, and production of oil and gas, positioning itself as a significant player in the energy sector.
YTD Price Performance: -11.21%
Average Trading Volume: 813,103
Technical Sentiment Signal: Strong Buy
Current Market Cap: $413.4M
Find detailed analytics on GPRK stock on TipRanks’ Stock Analysis page.
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