Successful Acquisition in Vaca Muerta
GeoPark secured operational control of two high-quality blocks in Vaca Muerta, Neuquen, marking a significant step towards long-term growth and diversification.
Operational Efficiency and Cost Management
Operating costs averaged $12.5 per barrel, aligning with 2025 guidance, and the company captured over USD 15 million in efficiencies, equivalent to about $19.5 million in annual structured savings.
Strong Financial Performance
Adjusted EBITDA reached USD 71.4 million with a 57% margin, and net income was USD 15.9 million compared to a net loss in the previous quarter.
Increased Production
Average consolidated production reached 28,136 barrels of oil equivalent per day, exceeding 2025 guidance and up nearly 3% quarter-over-quarter.
Strategic Capital Allocation
The Board approved a revised dividend program totaling approximately USD 6 million over the next 4 quarters, reflecting a commitment to shareholder returns and financial flexibility.