GeoPark Sees Vaca Muerta Driving Output to 75-85 Kboepd by 2030
GPRK sits 98% above its 52-week low of $5.75 on elevated volume (2.4× avg).
Summary
GeoPark projects that incorporating the Bare block and higher production at Vaca Muerta in Argentina could lift total output to 75-85 thousand barrels of oil equivalent per day by 2030. This is a significant long-term growth target, implying a substantial ramp from current levels. The company has been accelerating execution in Argentina, as noted in its Q2 operational update, and this headline quantifies the potential scale of that expansion. The projection provides a concrete benchmark for investors assessing GeoPark's growth trajectory in the Vaca Muerta shale play.
At the time of this announcement, GPRK was trading at $11.37 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $758.6M. The 52-week trading range was $5.75 to $11.98. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.