GeoPark provides update on proposed acquisition of Repsol exploration and production assets in Colombia

As a result of the exercise of these preemptive rights, GeoPark and Repsol have mutually agreed not to proceed with the transaction previously announced on 29 November 2024, which included Repsol’s 45% working interest in the CPO-9 block and its 25% interest in SierraCol Energy Arauca LLC.

GeoPark remains committed to pursuing disciplined growth opportunities, leveraging its proven track record and extensive operational expertise to generate long-term value for all stakeholders.