GeoPark announces final results of tender offer

GeoPark announced the final results of its tender offer to purchase its common shares, or the shares, at prices specified by the tendering shareholders of not greater than $10.00 nor less than $9.00 per common share or at the purchase price determined in accordance with the tender offer. The tender offer expired on April 17. A total of 4,369,181 common shares of GeoPark were properly tendered and not properly withdrawn at the final cash purchase price of $10.00 per share. Accordingly, GeoPark acquired 4,369,181 shares at a purchase price of $10.00 per share, for a total cost of approximately $43.7M. These shares represent 7.87% of the issued and outstanding common shares of GeoPark as of April 19. After giving effect to the purchase of the common shares, GeoPark will have 51,117,757 outstanding common shares. GeoPark funded the share purchases in the tender offer from its cash and investments.