Isabella Pacheco's questions to GeoPark (GPRK) leadership • Q1 2025
Question
Isabella Pacheco from Bank of America asked for details on Colombian production, specifically if there were any operational disruptions beyond natural declines and for a production breakdown by key asset.
Answer
COO Rodolfo Terrado explained that Q1 production exceeded guidelines with no major surprises. He detailed that CPO-5 is delivering according to plan with successful workovers, and while the Llanos 34 drilling campaign started slightly late, a new rig is achieving significant cost and time savings. He also noted the impact of the Llanos 32 divestment and the shut-in of the Platanillo asset.