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[6-K] GeoPark Ltd Current Report (Foreign Issuer)

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GeoPark Limited completed its previously announced acquisition from Pluspetrol of a 100% operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks in the black oil window of Vaca Muerta, Neuquén, Argentina. With provincial decrees DECTO-2025-1226 and DECTO-2025-1270 issued, all required approvals have been obtained, public deeds executed, and operatorship initiated.

At closing, GeoPark paid total consideration of $115 million, comprising a $22.7 million security deposit and a $92.3 million balance, subject to customary price adjustments. As set out in the Actas Acuerdo, GeoPark transferred a 5% working interest in the Puesto Silva Oeste block to Gas y Petróleo del Neuquén (GyP), which joins as a strategic partner. Management emphasized disciplined investment and a long-term commitment to Argentina as operations begin on these two high-quality blocks.

GeoPark Limited ha completato la acquisizione precedentemente annunciata da Pluspetrol di una partecipazione operativa del 100% nelle aree Loma Jarillosa Este e Puesto Silva Oeste nel comparto del greggio nero di Vaca Muerta, Neuquén, Argentina. Con l’emissione dei decreti provinciali DECTO-2025-1226 e DECTO-2025-1270, sono stati ottenuti tutti gli adempimenti necessari, sono stati stipulati i rogiti pubblici e avviata l’operatività.

Al closing, GeoPark ha versato una controparte totale di $115 million, comprendente un deposito di garanzia di $22.7 million e un saldo di $92.3 million, soggetti a normali aggiustamenti di prezzo. Come previsto nelle Actas Acuerdo, GeoPark ha trasferito una partecipazione del 5% nel blocco Puesto Silva Oeste a Gas y Petróleo del Neuquén (GyP), che si unisce come partner strategico. La direzione ha sottolineato un investimento disciplinato e un impegno a lungo termine verso l’Argentina mentre le operazioni iniziano su questi due blocchi di alta qualità.

GeoPark Limited completó la adquisición previamente anunciada de Pluspetrol de una participación operativa del 100% en los bloques Loma Jarillosa Este y Puesto Silva Oeste, ubicados en la ventana del petróleo crudo negro de Vaca Muerta, Neuquén, Argentina. Con la emisión de los decretos provinciales DECTO-2025-1226 y DECTO-2025-1270, se han obtenido todas las aprobaciones requeridas, se han ejecutado las escrituras públicas y se ha iniciado la operación.

Al cierre, GeoPark pagó una contraprestación total de $115 millones, con un depósito de garantía de $22.7 millones y un saldo de $92.3 millones, sujeto a ajustes de precio habituales. Como se establece en las Actas Acuerdo, GeoPark transfirió una participación del 5% en el bloque Puesto Silva Oeste a Gas y Petróleo del Neuquén (GyP), que se une como socio estratégico. La dirección destacó una inversión disciplinada y un compromiso a largo plazo con Argentina a medida que comienzan las operaciones en estos dos bloques de alta calidad.

GeoPark Limited은 Pluspetrol로부터 Loma Jarillosa Este와 Puesto Silva Oeste 블록의 100% 운영 지분을 인수하는 것을 이미 발표했던 바와 같이 완료했습니다. 이 블록들은 Vaca Muerta의 블랙 오일 윈도우에 위치해 있으며, Neuquén, Argentina에 있습니다. 주(decree) DECTO-2025-1226 및 DECTO-2025-1270의 발령으로 모든 필요한 승인 및 공공 증서가 발행되고 운영이 시작되었습니다.

종결 시 GeoPark은 총 1억1500만 달러를 지급했고, 보증금 2270만 달러와 잔액 9230만 달러로 구성되며, 이는 일반적인 가격 조정을 받습니다. Actas Acuerdo에 명시된 바와 같이 GeoPark은 Puesto Silva Oeste 블록의 5% 작업지분을 Gas y Petróleo del Neuquén(GyP)에 양도했고 GyP가 전략적 파트너로 합류합니다. 경영진은 두 고품질 블록의 운영이 시작되면서 신중한 투자와 아르헨티나에 대한 장기 약속을 강조했습니다.

GeoPark Limited a finalisé l’acquisition précédemment annoncée auprès de Pluspetrol d’une participation opérée à 100% dans les blocs Loma Jarillosa Este et Puesto Silva Oeste, situés dans la fenêtre du pétrole noir de Vaca Muerta, Neuquén, Argentine. Avec l’émission des décrets provinciaux DECTO-2025-1226 et DECTO-2025-1270, toutes les autorisations requises ont été obtenues, les actes publics ont été signés et l’exploitation a été engagée.

Lors de la clôture, GeoPark a versé une contrepartie totale de 115 millions de dollars, comprenant un dépôt de garantie de 22,7 millions de dollars et un solde de 92,3 millions de dollars, soumis aux ajustements de prix habituels. Tel que prévu dans les Actas Acuerdo, GeoPark a transféré une participation de travail de 5% dans le bloc Puesto Silva Oeste à Gas y Petróleo del Neuquén (GyP), qui rejoint en tant que partenaire stratégique. La direction a souligné un investissement discipliné et un engagement à long terme envers l’Argentine à mesure que les opérations s’ouvrent sur ces deux blocs de haute qualité.

GeoPark Limited hat die zuvor von Pluspetrol angekündigte Übernahme abgeschlossen und eine zu 100% betriebene Working Interest in den Blöcken Loma Jarillosa Este und Puesto Silva Oeste im Black-Oil-Fenster von Vaca Muerta, Neuquén, Argentinien erworben. Mit den Provinzverordnungen DECTO-2025-1226 und DECTO-2025-1270 wurden alle erforderlichen Genehmigungen erhalten, öffentliche Urkunden ausgeführt und die Betriebsführung aufgenommen.

Beim Closing zahlte GeoPark eine Gesamtsumme von $115 Millionen, bestehend aus einer Sicherheitsleistung von $22.7 Millionen und einem Restbetrag von $92.3 Millionen, vorbehaltlich üblicher Preisadjustments. Wie in den Actas Acuerdo festgelegt, übertrug GeoPark eine 5%-Arbeitsbeteiligung am Puesto Silva Oeste Block an Gas y Petróleo del Neuquén (GyP), das als strategischer Partner beitritt. Die Geschäftsführung hob ein diszipliniertes Investitionsverhalten und ein langfristiges Engagement gegenüber Argentinien hervor, während die Operationen auf diesen beiden hochwertigen Blöcken beginnen.

GeoPark Limited أكملت الاستحواذ الذي أعلنت عنه سابقاً من Pluspetrol على 100% من حقوق التشغيل في الكتلتين Loma Jarillosa Este و Puesto Silva Oeste في نافذة النفط الأسود من Vaca Muerta، نيغوين، الأرجنتين. مع إصدار المراسيم الإقليمية DECTO-2025-1226 وDECTO-2025-1270، تم الحصول على جميع الموافقات المطلوبة، وتم تنفيذ الصكوك العامة وبدأ التشغيل.

عند الإغلاق، دفعت GeoPark إجمالاً مبلغ 115 مليون دولار، ويتكون من وديعة ضمان قدرها 22.7 مليون دولار ورصيد قدره 92.3 مليون دولار، خاضع لتعديلات السعر المعتادة. كما هو مذكور في Actas Acuerdo، قامت GeoPark بتحويل حصة عمل بنسبة 5% في كتلة Puesto Silva Oeste إلى Gas y Petróleo del Neuquén (GyP)، الذي ينضم كشريك استراتيجي. أكدت الإدارة على الاستثمار المنضبط والالتزام طويل الأجل تجاه الأرجنتين مع بدء العمليات في هذين الكتلتين ذاتا الجودة العالية.

GeoPark Limited 已完成先前宣布的从 Pluspetrol 收购的在 Loma Jarillosa Este 与 Puesto Silva Oeste 两个区块中的 100% 运营工作权益,位于阿根廷内乌肯省 Vaca Muerta 的黑油区。随着省级法令 DECTO-2025-1226 与 DECTO-2025-1270 的颁布,所有必要的批准已获得,公证文书已执行,运营权已启动。

交割时,GeoPark 支付总对价 1.15 亿美元,其中包括 2270 万美元的保证金和 9230 万美元的尾款,价格将按惯例调整。根据 Actas Acuerdo 的规定,GeoPark 将 Puesto Silva Oeste 区块的 5% 工作权益转让给 Gas y Petróleo del Neuquén(GyP),GyP 作为战略合作伙伴加入。管理层强调克制投资和对阿根廷的长期承诺,随着这两个高质量区块的运营开始。

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Insights

Acquisition closed for $115 million with approvals secured.

GeoPark finalized the purchase of two Vaca Muerta blocks and began operatorship after Neuquén issued decrees approving the transfer. The transaction consideration totals $115 million, consisting of a $22.7 million deposit and a $92.3 million balance, subject to customary adjustments.

The structure includes a 5% working interest in Puesto Silva Oeste transferred to GyP, aligning with prior agreements and adding a local partner. Formal public deeds were executed to complete the concession transfers, indicating administrative completion.

Investor impact will depend on development performance and realized economics of these blocks. Subsequent disclosures may provide production plans, capex, and timelines tied to Vaca Muerta development.

GeoPark Limited ha completato la acquisizione precedentemente annunciata da Pluspetrol di una partecipazione operativa del 100% nelle aree Loma Jarillosa Este e Puesto Silva Oeste nel comparto del greggio nero di Vaca Muerta, Neuquén, Argentina. Con l’emissione dei decreti provinciali DECTO-2025-1226 e DECTO-2025-1270, sono stati ottenuti tutti gli adempimenti necessari, sono stati stipulati i rogiti pubblici e avviata l’operatività.

Al closing, GeoPark ha versato una controparte totale di $115 million, comprendente un deposito di garanzia di $22.7 million e un saldo di $92.3 million, soggetti a normali aggiustamenti di prezzo. Come previsto nelle Actas Acuerdo, GeoPark ha trasferito una partecipazione del 5% nel blocco Puesto Silva Oeste a Gas y Petróleo del Neuquén (GyP), che si unisce come partner strategico. La direzione ha sottolineato un investimento disciplinato e un impegno a lungo termine verso l’Argentina mentre le operazioni iniziano su questi due blocchi di alta qualità.

GeoPark Limited completó la adquisición previamente anunciada de Pluspetrol de una participación operativa del 100% en los bloques Loma Jarillosa Este y Puesto Silva Oeste, ubicados en la ventana del petróleo crudo negro de Vaca Muerta, Neuquén, Argentina. Con la emisión de los decretos provinciales DECTO-2025-1226 y DECTO-2025-1270, se han obtenido todas las aprobaciones requeridas, se han ejecutado las escrituras públicas y se ha iniciado la operación.

Al cierre, GeoPark pagó una contraprestación total de $115 millones, con un depósito de garantía de $22.7 millones y un saldo de $92.3 millones, sujeto a ajustes de precio habituales. Como se establece en las Actas Acuerdo, GeoPark transfirió una participación del 5% en el bloque Puesto Silva Oeste a Gas y Petróleo del Neuquén (GyP), que se une como socio estratégico. La dirección destacó una inversión disciplinada y un compromiso a largo plazo con Argentina a medida que comienzan las operaciones en estos dos bloques de alta calidad.

GeoPark Limited은 Pluspetrol로부터 Loma Jarillosa Este와 Puesto Silva Oeste 블록의 100% 운영 지분을 인수하는 것을 이미 발표했던 바와 같이 완료했습니다. 이 블록들은 Vaca Muerta의 블랙 오일 윈도우에 위치해 있으며, Neuquén, Argentina에 있습니다. 주(decree) DECTO-2025-1226 및 DECTO-2025-1270의 발령으로 모든 필요한 승인 및 공공 증서가 발행되고 운영이 시작되었습니다.

종결 시 GeoPark은 총 1억1500만 달러를 지급했고, 보증금 2270만 달러와 잔액 9230만 달러로 구성되며, 이는 일반적인 가격 조정을 받습니다. Actas Acuerdo에 명시된 바와 같이 GeoPark은 Puesto Silva Oeste 블록의 5% 작업지분을 Gas y Petróleo del Neuquén(GyP)에 양도했고 GyP가 전략적 파트너로 합류합니다. 경영진은 두 고품질 블록의 운영이 시작되면서 신중한 투자와 아르헨티나에 대한 장기 약속을 강조했습니다.

GeoPark Limited a finalisé l’acquisition précédemment annoncée auprès de Pluspetrol d’une participation opérée à 100% dans les blocs Loma Jarillosa Este et Puesto Silva Oeste, situés dans la fenêtre du pétrole noir de Vaca Muerta, Neuquén, Argentine. Avec l’émission des décrets provinciaux DECTO-2025-1226 et DECTO-2025-1270, toutes les autorisations requises ont été obtenues, les actes publics ont été signés et l’exploitation a été engagée.

Lors de la clôture, GeoPark a versé une contrepartie totale de 115 millions de dollars, comprenant un dépôt de garantie de 22,7 millions de dollars et un solde de 92,3 millions de dollars, soumis aux ajustements de prix habituels. Tel que prévu dans les Actas Acuerdo, GeoPark a transféré une participation de travail de 5% dans le bloc Puesto Silva Oeste à Gas y Petróleo del Neuquén (GyP), qui rejoint en tant que partenaire stratégique. La direction a souligné un investissement discipliné et un engagement à long terme envers l’Argentine à mesure que les opérations s’ouvrent sur ces deux blocs de haute qualité.

GeoPark Limited hat die zuvor von Pluspetrol angekündigte Übernahme abgeschlossen und eine zu 100% betriebene Working Interest in den Blöcken Loma Jarillosa Este und Puesto Silva Oeste im Black-Oil-Fenster von Vaca Muerta, Neuquén, Argentinien erworben. Mit den Provinzverordnungen DECTO-2025-1226 und DECTO-2025-1270 wurden alle erforderlichen Genehmigungen erhalten, öffentliche Urkunden ausgeführt und die Betriebsführung aufgenommen.

Beim Closing zahlte GeoPark eine Gesamtsumme von $115 Millionen, bestehend aus einer Sicherheitsleistung von $22.7 Millionen und einem Restbetrag von $92.3 Millionen, vorbehaltlich üblicher Preisadjustments. Wie in den Actas Acuerdo festgelegt, übertrug GeoPark eine 5%-Arbeitsbeteiligung am Puesto Silva Oeste Block an Gas y Petróleo del Neuquén (GyP), das als strategischer Partner beitritt. Die Geschäftsführung hob ein diszipliniertes Investitionsverhalten und ein langfristiges Engagement gegenüber Argentinien hervor, während die Operationen auf diesen beiden hochwertigen Blöcken beginnen.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16

OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

 

 

Commission File Number: 001-36298

 

GeoPark Limited

(Exact name of registrant as specified in its charter)

 

Calle 94 N° 11-30 8° piso

Bogota, Colombia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F

 

 

 

 

 

GEOPARK LIMITED

 

TABLE OF CONTENTS

 

ITEM  
1. Press Release dated October 16, 2025 titled “GeoPark Completes Acquisition in Vaca Muerta and Initiates Operatorship of Two High-Quality Blocks”

 

 

 

Item 1

  

FOR IMMEDIATE DISTRIBUTION  

 

GEOPARK COMPLETES ACQUISITION IN VACA MUERTA AND INITIATES

OPERATORSHIP OF TWO HIGH-QUALITY BLOCKS

 

Bogota, Colombia – October 16, 2025 – GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, today announced the completion of its previously announced acquisition from Pluspetrol S.A. (“Pluspetrol”) of a 100% operated working interest (“WI”) in the Loma Jarillosa Este and Puesto Silva Oeste blocks, located in the black oil window of the Vaca Muerta formation in Neuquén Province, Argentina.


The Government of Neuquén Province has issued two decrees—DECTO-2025-1226 for the Loma Jarillosa Este Block and DECTO-2025-1270 for the Puesto Silva Oeste Block—and with the issuance of such decrees, all required governmental and regulatory approvals with respect to the acquisition have now been obtained. As per the terms and conditions of the Actas Acuerdo (“Deeds of Agreement”) previously announced, GeoPark has also transferred a 5% WI in the Puesto Silva Oeste Block; to Gas y Petróleo del Neuquén S.A (“GyP”), which joins GeoPark as a strategic partner in the development of this asset.

 

Following the issuance of the above-mentioned decrees, GeoPark and Pluspetrol have executed public deeds formalizing the transfer of the concessions. As part of the closing, GeoPark has disbursed the remaining balance of the purchase price1, for a total consideration of $115 million2.

 

The prompt completion of this transaction highlights the strong collaboration between GeoPark, Pluspetrol, GyP, and the Government of Neuquén Province, as well as GeoPark’s long-term commitment to Argentina, disciplined investment, operational excellence, and close partnership with local stakeholders.

 

Felipe Bayon, Chief Executive Officer of GeoPark, said: “This closing marks an important milestone for GeoPark as we officially become operators in Vaca Muerta. We thank the Government of Neuquén Province, Pluspetrol, and GyP for their trust and partnership throughout this process. Our teams are already on the ground and are ready to deliver on our commitments and develop these assets with the operational and financial excellence, environmental stewardship, and social responsibility that define GeoPark.”

 

 

1 Including a security deposit of $22.7 million and $92.3 million balance payment.

2 Amount subject to customary price adjustments.

 

 
 

For further information, please contact:

 

INVESTORS:

 

 

Maria Catalina Escobar

Shareholder Value and Capital Markets Director

 

mescobar@geo-park.com

Miguel Bello

Investor Relations Officer

 

mbello@geo-park.com

Maria Alejandra Velez

Investor Relations Leader

mvelez@geo-park.com

 

MEDIA:

 

Communications Department communications@geo-park.com

 

NOTICE

 

Additional information about GeoPark can be found in the Invest with Us section of the website at www.geo-park.com

 

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION

 

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as ‘‘anticipate,’’ ‘‘believe’’, ‘‘could,’’ ‘‘expect,’’ ‘‘should,’’ ‘‘plan,’’ ‘‘intend,’’ ‘‘will,’’ ‘‘estimate’’ and ‘‘potential,’’ among others.

 

Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters including the Company’s long-term commitments, investment strategy, operational and financial performance as well as the Company’s goals with respect to environmental and social responsibility matters. Forward-looking statements are based on management’s beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors.

 

Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see the Company’s filings with the U.S. Securities and Exchange Commission (SEC).

 

2 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  GeoPark Limited
   
   
  By: /s/ Jaime Caballero Uribe
    Name: Jaime Caballero Uribe
    Title: Chief Financial Officer

 

Date: October 17, 2025

 

 

FAQ

What did GeoPark (GPRK) acquire in Argentina?

GeoPark acquired a 100% operated working interest in the Loma Jarillosa Este and Puesto Silva Oeste blocks in the Vaca Muerta formation.

What was the purchase price for GeoPark’s Vaca Muerta acquisition?

Total consideration was $115 million, including a $22.7 million security deposit and a $92.3 million balance, subject to customary adjustments.

Were regulatory approvals obtained for GPRK’s acquisition?

Yes. Neuquén issued decrees DECTO-2025-1226 (Loma Jarillosa Este) and DECTO-2025-1270 (Puesto Silva Oeste), completing all required approvals.

Did GeoPark transfer any interest to a partner?

Yes. GeoPark transferred a 5% working interest in the Puesto Silva Oeste block to Gas y Petróleo del Neuquén (GyP), which joins as a strategic partner.

Has GeoPark initiated operatorship of the acquired blocks?

Yes. Following approvals and deed execution, GeoPark initiated operatorship of both blocks.

Where are the acquired assets located within Vaca Muerta?

They are in the black oil window of the Vaca Muerta formation in Neuquén Province, Argentina.
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