GeoPark triples Vaca Muerta acreage with award of Corralera Noreste block
GPRK•GeoPark was awarded the Corralera Noreste block in Argentina’s Neuquén Basin, tripling its Vaca Muerta acreage. It will pay the province of Neuquén a one-time $60.5 million access bonus and hold a 90% working interest while operating the block.
1. Block award
GeoPark was awarded the Corralera Noreste block in the Neuquén Basin, Argentina, tripling its Vaca Muerta acreage. The company will pay the province of Neuquén a one-time access bonus of $60.5 million and hold a 90% working interest in the block, which it will operate.
