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October 30, 2025 — Leads & Copy — GeoPark Limited’s Board of Directors has rejected an unsolicited proposal from Parex Resources Inc. to acquire the company for $9.00 per share in cash. The Board determined that the proposal significantly undervalues GeoPark and does not recognize its growth prospects and diversified portfolio, particularly following its recent acquisition in Vaca Muerta. The Board remains committed to acting in the best interests of all shareholders.
Felipe Bayon, CEO of GeoPark, stated that the proposal undervalues GeoPark’s assets and long-term prospects. Goldman Sachs & Co. LLC is serving as financial advisor to GeoPark.
Contact:
Felipe Bayon, Chief Executive Officer
Source: GeoPark Limited
