Project Profile
Value: Undisclosed
Location: Llanos Basin Columbia, South America
Reserves: Unknown
Production: Unknown
Area: 345,600 acres
Depth: Unknown
Start-up Year: -
The CPO-4 Block is an attractive high potential block on trend with GeoPark\'s successful Llanos 34 Block in the Llanos Basin (approximately 60 km away). The CPO-4 Block covers an area of approximately 345,600 acres (1,398 sq km) with 3D seismic coverage of approximately 880 sq km and sparse drilling activity (with only 4 wells drilled to date). SK and GeoPark have jointly identified new prospects in CPO-4 similar to prospects and leads in GeoPark\'s Llanos 34 Block where GeoPark has successfully discovered oil. GeoPark is the operator with 50% working interest in the CPO-4 Block; in exchange for its commitment to drill and fund its 50% WI (with no carry) of one exploration well.
Operators:
GeoPark: Operator with 50% interest
SK Innovation (subsidiary of Korean SK Group): with 50% interest
Contractors:
Subcontractors: