GeoPark Announces Fourth Quarter 2019 Operational Update

GeoPark Limited ("GeoParka?? or the "Companya??) (NYSE: GPRK), a leading
independent Latin American oil and gas explorer, operator and
consolidator with operations and growth platforms in Colombia, Peru,
Argentina, Brazil, Chile and Ecuador, today announced its operational
update for the three-month period ended December 31, 2019 ("4Q2019a??).

All figures are expressed in US Dollars and growth comparisons refer to
the same period of the prior year, except when otherwise specified.

Fourth Quarter 2019 Highlights

Production: Hitting New Records and Reaching a 17-Year Consistent
Growth Track Record

Consolidated oil and gas production up 8% to 41,786 boepd, or 10%
adjusting for divested blocks1
(5% higher compared to

Production in Colombia increased by 9% to 33,311 boepd (12% increase
adjusting for divested blocks)

Production in Chile increased by 17% to 3,292 boepd

Full Year 2019 average production of 40,046 boepd, 11% higher than
2018 annual average levels, or 13% higher adjusting for divested blocks

Operations: Strong Execution with New Exploration, Appraisal and
Development Drilling Successes
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