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BRIEF-GeoPark announces further drilling success in Colombia
January 3, 2017 / 10:14 PM / 9 months ago

BRIEF-GeoPark announces further drilling success in Colombia

Jan 3 (Reuters) - GeoPark Ltd

* GeoPark announces further drilling success in Colombia and hitting year-end production targets

* GeoPark - fully funded 2017 work program includes a base case with capital expenditures of $80-90 million to accelerate production growth by 20-25 pct

* GeoPark Ltd says estimated exit production for 2017 of 30,000+ boepd

* GeoPark Ltd - capital expenditures of $80-90 million to accelerate production growth by 20-25 pct to 26,500-27,500 boepd for 2017

* Geopark - about 70-75 pct of capital expenditures in 2017 allocated to Colombia where co is to continue exploring, appraising Tigana/Jacana oil field trend Source text for Eikon: Further company coverage:

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