GeoPark Announces Decision Not to Raise Offer for Frontera Energy's Colombian E&P Assets

BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, today announced that it has declined to raise its offer for Frontera Energy's (“Frontera”) Colombian E&P assets. After careful evaluation, GeoPark's Board of Directors determined that increasing its offer would not be consistent with the Company's disciplined capital allocation framework or long-t.