GeoPark Inks Argentina, Colombia Acquisitions After Delivering $32M Cash Savings
GeoPark achieved 2025 operating costs of $13.4 per barrel and G&A of $4.8 per barrel, delivering $32 million in structural cash savings and targeting $45 million in annual run-rate savings. The company produced 28,233 boepd, generated $277 million adjusted EBITDA, and closed Argentine and Colombian asset acquisitions to more than double reserves.
1. Cost Efficiencies and Savings
GeoPark reported 2025 operating costs of $13.4 per barrel and G&A expenses of $4.8 per barrel, achieving $32 million in structural cash savings and targeting a $45 million annual run-rate of efficiencies from 2026 onward.
2. Financial Performance and Production
Adjusted EBITDA for 2025 reached $277 million, with fourth-quarter EBITDA of $46 million. Full-year production averaged 28,233 boepd, and Q4 output of 28,351 boepd reflected initial contributions from Vaca Muerta assets.
3. Strategic Acquisitions
In October 2025 GeoPark closed Loma Jarillosa Este and Puesto Silva Oeste in Argentina, aiming for 20,000 boepd by 2028, and agreed to acquire Frontera Energy’s Colombian upstream assets to more than double reserves and reach pro forma production of about 40,000 boepd.
4. Hedging and Shareholder Returns
The company hedged over 84% of its 2026 production through three-way collars and initiated 2027 hedges. It ended 2025 with over $100 million in cash, repurchased $100 million of notes below par, and declared a $0.03 per share quarterly dividend.