GeoPark Announces Resumption of $10M Share Repurchase Program

GeoPark Limited ("GeoPark") GPRK, the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia, Brazil, Argentina and Peru, announces that it will resume its repurchase program of up to US$10 million of common shares, par value US$0.001 per share (the "Shares") of the Company (the "Repurchase Program"), which had expired on May 20, 2015. As of the date hereof, US$1.6 million in shares have been purchased by GeoPark under the Repurchase Program. The Repurchase Program will resume on June 10, 2015 and will expire at the close of business on August 18, 2015, but may be terminated prior to such date. The share repurchases may be made from time-to-time through open market transactions, block trades, privately negotiated transactions or otherwise, and are subject to market and business conditions, levels of available liquidity, cash requirements for other purposes, regulatory, and other relevant factors. GeoPark has engaged BTG Pactual US Capital LLC to act as its broker in connection with the Repurchase Program. The shares repurchased will be used to offset, in part, any expected dilution effects resulting from the Company's employee incentive schemes, including grants under the See full press release