GeoPark sees 2030 net output at 75,000-85,000 boepd

Reuters2026/09/08 12:14

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GeoPark forecast net production rising to 75,000-85,000 boepd by 2030 from about 28,000 boepd in 2025.
EBITDA outlook targets about USD 1.2 billion by 2030 from about USD 280 million in 2025, assuming Brent at USD 75/bbl.
Venezuela growth plan centers on the Orinoco Belt Bare Block under a 25-year Production Participation Contract with a 65% net working interest.
Phase 1 plan expects gross output to increase to 56,000 bopd from 11,000 bopd during 2026-2030, with annual capex of USD 40-80 million in 2026-2028.
Later spending rises to about USD 120-140 million per year in 2029-2030, supporting a ramp toward 90,000 bopd in 2031-2038.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Geopark Limited published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GeoPark sees 2030 net output at 75,000-85,000 boepd

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