Reserves
GeoPark's Reserves Up Across the Board in 2016; PDP Up 12%
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GeoPark has updated its reserves.
Year-End 2016 D&M Certified Reserves and Company Highlights: Per Share Value: Net debt adjusted 2P NPV10 increased by 19% to $23.6 per share, mainly resulting from increased net debt adjusted 2P NPV10 in Colombia (up 112%) to $10.2 per share PDP Reserves: Net proven developed producing (PDP) reserves increased 12% (by 2.1 MMBOE) to 19.4 MMBOE, with a PDP reserve replacement index (RRI) of 126% 1P Reserves: Net proven (1P) reserves increased 10% (by 7.1 MMBOE) to 78.3 MMBOE, with 1P reserve life index (RLI) of 9.5 years and a 1P RRI of 187%. Total NPV10 of 1P reserves increased by $228 million (up 26%) to $1.1 billion 2P Reserves: Net proven and probable (2P) reserves increased 14% (by 17.5 MMBOE) to 142.8 MMBOE, with a 2P RLI of 17.4 years and a 2P…- ✓ Full news archive — U.S., Canada & international coverage
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