GeoPark (NYSE: GPRK) investor Parex keeps 11.8% stake but halts talks

Rhea-AI Filing Summary

Parex Resources Inc. filed an amended Schedule 13D regarding its stake in GeoPark Limited. Parex reports beneficial ownership of 6,084,986 common shares, representing 11.8% of GeoPark’s common shares, based on 51,663,988 shares outstanding as of September 30, 2025. Parex has sole voting and dispositive power over all of these shares.

The amendment explains that on December 9, 2025, Parex issued a press release stating it has determined to halt discussions with GeoPark. This change updates the previously disclosed purpose of its investment while preserving all other terms of the earlier filing.

Positive

• None.

Negative

• Parex halts discussions with GeoPark, reducing the likelihood of a near-term strategic transaction implied by its earlier Schedule 13D activity.

Insights

Equity ownership & M&A disclosure analyst

Parex keeps an 11.8% GeoPark stake but ends ongoing discussions.

Parex Resources Inc. discloses ownership of 6,084,986 GeoPark common shares, equal to 11.8% of the class based on 51,663,988 shares outstanding as of September 30, 2025. Parex holds sole voting and dispositive power, indicating a concentrated, unilateral control over this position.

The amendment’s key update is that on December 9, 2025 Parex announced it has determined to halt discussions with GeoPark Limited. Earlier filings implied an active strategic dialogue; this language signals that such discussions have stopped, while the shareholding remains unchanged in this excerpt.

For investors who viewed Parex’s involvement as a potential catalyst for a transaction, the decision to halt discussions reduces the near-term likelihood of a deal based on the information provided here. Future corporate actions, if any, would need to be separately disclosed by either party.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

GeoPark Limited

(Name of Issuer)

Common shares, par value US$0.001 per share

(Title of Class of Securities)

G38327105

(CUSIP Number)

Cameron Grainger
585 8th Av. SW, 2700 Eighth Avenue Place, West Tower
Calgary, A0, T2P 1G1
(403) 237-1708

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

12/09/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. G38327105

1

Name of reporting person

Parex Resources Inc.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

ALBERTA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 6,084,986.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 6,084,986.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

6,084,986.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

11.8 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common shares, par value US$0.001 per share
(b)	Name of Issuer: GeoPark Limited
(c)	Address of Issuer's Principal Executive Offices: Calle 94 No 11-30, 8 Piso, Bogota, COLOMBIA , 00000.
Item 1 Comment: This Amendment No. 1 to Schedule 13D ("Amendment No. 1") relates to the Schedule 13D filed on October 29, 2025 by Parex Resources Inc., an Alberta corporation (the "Reporting Person"), relating to the Common Shares, par value $0.001 per share (the "Common Shares"), of GeoPark Limited, an exempted company incorporated under the laws of Bermuda (the "Company"), whose principal executive offices are located at Calle 94 No 11-30, 8 Piso, Bogota, Colombia, 00000. Except as specifically amended by this Amendment No. 1, the Schedule 13D is unchanged.
Item 4.	Purpose of Transaction
	Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information: On December 9, 2025, the Reporting Person issued a press release announcing that the Reporting Person has determined to halt discussions with the Company. The foregoing summary of the press release is not intended to be complete and is qualified in its entirety by reference to the full text of the press release, which is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 5.	Interest in Securities of the Issuer
(a)	The aggregate number and percentage of the Common Shares that are beneficially owned by the Reporting Person and as to which the Reporting Person has sole voting power, shared voting power, sole dispositive power and shared dispositive power are set forth on the cover page of this Statement, and such information is incorporated herein by reference. The percentage used herein is calculated based on an aggregate of 51,663,988 Common Shares outstanding as of September 30, 2025, based on the information contained in the Company's Interim Condensed Consolidated Financial Statements for the three and nine-month periods ended September 30, 2025 and 2024, included in the Company's Form 6-K dated November 5, 2025.
(b)	The information in Item 5(a) of this Statement is incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 99.1: Press Release of the Reporting Person, dated December 9, 2025

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Parex Resources Inc.

Signature:	/s/ Cameron Grainger
Name/Title:	Cameron Grainger
Date:	12/11/2025

FAQ

How many GeoPark (GPRK) shares does Parex Resources currently own?

Parex Resources Inc. reports beneficial ownership of 6,084,986 GeoPark common shares, with sole voting and dispositive power over all of these shares.

What percentage of GeoPark’s outstanding shares does Parex Resources hold?

Parex states that its 6,084,986 common shares represent 11.8% of GeoPark’s common shares, based on 51,663,988 shares outstanding as of September 30, 2025.

What change is disclosed in this Schedule 13D/A filing for GeoPark (GPRK)?

The amendment notes that on December 9, 2025, Parex Resources determined to halt discussions with GeoPark, updating the previously disclosed purpose of its investment.

Did Parex Resources change its ownership level in GeoPark in this amendment?

The excerpt shows beneficial ownership of 6,084,986 shares (11.8%) with sole voting and dispositive power; the amendment’s key update relates to halted discussions, not a change in the reported stake.

Where can investors find more details on Parex’s decision to halt talks with GeoPark?

The filing states that further details are contained in Exhibit 99.1, a press release by Parex Resources dated December 9, 2025, which is incorporated by reference.

What is the source of the GeoPark share count used in Parex’s ownership calculation?

The 51,663,988 GeoPark common shares outstanding figure is taken from GeoPark’s interim condensed consolidated financial statements for the periods ended September 30, 2025 and 2024, included in a Form 6-K dated November 5, 2025.