Project Profile
Value: US$100 million
Location: Eastern Colombia, Llanos basin
Area: 333 sq km
Start-up Year: 2014
onshore exploration block occupying an area of 333 sq km in the Llanos basin, located in eastern Colombia. In June 2013 GeoPark made a 15.5 degree API oil discovery while exploring the Taro Taro-1 well, drilled to a total depth of 3,175 metres. A production test in the Guadalupe formation had an average flow of 2,239 barrels per day. LLA-34 also includes the Tua and Max producing oil fields.
Operators:
GeoPark: Operator with 45% interest
Parex Resources: 45% interest
P1 Energy: 10% interest