GeoPark targets Llanos basin quartet

Tuning up: GeoPark Holdings aiming at four exploration plays in Q1

AP/Scanpix

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Bill Lehane

 28 January 2013 09:13 GMT

Latin America-focused junior GeoPark Holdings plans to sink four oil exploration wells in Colombia in the current quarter as part of a capital outlay of between $200 million and $230 million this year.

The AIM-listed outfit is planning two probes at the Max 2 and Taro Taro 1 prospects on the Llanos Basin block 34

It also aims to drill an exploration well at the Potrillo 1 prospect on the Yamu block, and has a 10% stake in a P1 Energy exploration well planned for the Bandola prospect at Llanos Block 32.

GeoPark Holdings also said it has its eye on “a range of asset and corporate opportunities” in Chile, Colombia, Peru, Brazil and Argentina that are being kept under review for potential acquisition.

The company reported…

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