GeoPark Limited announced its operational update for the second quarter ended June 30, 2025. The company's year-to-date consolidated average oil and gas production reached 28,223 boepd. For Q2 2025, consolidated average oil and gas production was 27,380 boepd, reflecting solid delivery from its core operated and non-operated assets.
However, the Q2 2025 production figure represents a 6% decline from the previous quarter. This decrease was primarily attributed to the divestment of the non-operated Llanos 32 Block and 16 days of shut-in production in the CPO-5 Block. The shut-in was caused by local blockades, highlighting ongoing operational challenges in certain regions.
For investors, this operational update is important as it provides a clear picture of recent production trends and the factors influencing them. The decline in production, even with explanations, can impact revenue expectations and overall financial performance.
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