Geopark Ltd · NYSE:GPRK
Geopark — Investor Presentation (August 2026)
26 slides from Geopark's investor presentation, August 2026
Slide 1: Corporate Presentation
= Corporate Presentation GEOPARK August 2026
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by GeoPark solely for informational purposes. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein and nothing shall be relied
Slide 3: Building Enduring Value
C O R PO R A TE P R ESE N TA TI O N Building Enduring Value INITIAL STAGES SCALE UP PROFITABILITY GROWTH RESET Diversified Exploration Growth and Consistent Shareholder Growth Focus, Production (Production Success, Multiple Countries Cash Generation Returns and Cash Flow Longevity kboepd) 70 $0.4 B
Slide 4: Protecting What We Have, Returning to Growth
Protecting Returning What We Have to Growth
Slide 5: 2Q2026 Results
2Q2026 Results Strong operational execution and financial discipline 27,271 boepd $143.3 M $73.1 M Production 2Q2026 Revenue 1Q2026 Adj. EBITDA 2Q2026 99.6% oil 11.6% increase vs 1Q2026 51% EBITDA Margin $316.3 M 1.2x $17.9/boe Cash Net Debt/EBITDA Operating Costs June 2026 per Produced Barrel June
Slide 6: Protecting what we have: Colombia
Protecting what we have Colombia
Slide 7: Colombia: Stable Production Positioned at the heart of the Llanos Basin
C O R PO R A TE P R ESE N TA TI O N Colombia: Stable Production Positioned at the heart of the Llanos Basin PRODUCTION FORECAST (BOEPD) PRODUCTION INFLECTION POINT ACHIEVED IN 2025 Base 23,000-24,000 24,000-25,000 26,000-27,000 Development GeoPark Exploration Blocks Exploration GeoPark Producing Blo
Slide 8: Llanos 34: Scaling Enhanced Recovery and Development Activity
C O R PO R A TE P R ESE N TA TI O N Llanos 34: Scaling Enhanced Recovery and Development Activity VENEZUELA VENEZUEL 2Q2026 SUMMARY Llanos A Basin LLA-34 COLOMBIA 15,697 94% $15/BOE 4 Drilled ECUADOR COLOMBIA PERU BRAZIL ECUADOR BRAZIL Net Production Production efficiency Opex Wells Tigana PERU BOEP
Slide 9: CPO-5: Strong Base Performance and Upcoming Exploration Activity
C O R PO R A TE P R ESE N TA TI O N CPO-5: Strong Base Performance and Upcoming Exploration Activity Llanos 34 Block 1Q2026 SUMMARY VENEZUELA Jacana Field CPO-5 Cabrestero Block 6,132 91% $10/BOE COLOMBIA Net Production Production efficiency Opex ECUADOR BOEPD BRAZIL PERU Mariposa Field GeoPark Prod
Slide 10: Llanos 123: From Discovery to >6,000 boepd gross in 2 Years
C O R PO R A TE P R ESE N TA TI O N Llanos 123: From Discovery to >6,000 boepd gross in 2 Years 2Q2026 SUMMARY 3,171 98% $10/BOE 2 well VENEZUELA Llanos Basin Net Production Production efficiency Opex Drilled SALTADOR BOEPD BISBITA COLOMBIA ECUADOR BRAZIL PERU KEY HIGHLIGHTS 2026 UPCOMING CATALYSTS
Slide 11: Returning to growth: Vaca Muerta
Returning to growth Vaca Muerta
Slide 12: Vaca Muerta: Positioned in the Core of a World-Class Shale Play
C O R PO R A TE P R ESE N TA TI O N Vaca Muerta: Positioned in the Core of a World-Class Shale Play PRIME ACREAGE IN THE CORE OIL WINDOW RESERVOIR QUALITY ON PAR WITH TOP-TIER ASSETS STRONG EARLY RESULTS STRATEGIC POSITION AMONG LEADING OPERATORS INFRASTRUCTURE-READY FOR EFFICIENT SCALE-UP Best-in-c
Slide 13: Vaca Muerta: The Road to 20,000 boepd
C O R PO R A TE P R ESE N TA TI O N Vaca Muerta: The Road to 20,000 boepd ADVANCES ON ALL FRONTS SINCE TAKEOVER Production (boepd) 24,000 ACCELERATED DEVELOPMENT PLAN • $55 million CAPEX YTD, primarily in drilling and completion, 18,000 production facilities, infrastructure and workover operations •
Slide 14: Vaca Muerta: 2026 Upcoming Activity
C O R PO R A TE P R ESE N TA TI O N Vaca Muerta: 2026 Upcoming Activity Vaca Muerta: 2026 Upcoming Activity OPERATIONAL 2026 LOMA JARILLO SA ESTE MILESTONES Target Exit • EXPANDING LJE GATHERING FACILITY: From 6,000 to Production: 10,000 2Q26 3Q26 4Q26 5,000-6,000 bopd. Progressing in line with plan
Slide 15: Latin America is an Opportunity Rich Environment
C O R PO R A TE P R ESE N TA TI O N Latin America is an Opportunity Rich Environment GEO PAR K A PPRO A CH V E N EZU E LA COLO MBIA MU LTIP LE O P PO R TUN ITIE S GEOLOGY FIRST Best basins, best rocks, best play types GeoPark targets attainable high-impact selected by G&G Team opportunities in Colom
Slide 16: Financial Flexibility and Discipline Execution
Financial Flexibility and Discipline Execution
Slide 17: Step-Change in Reserves That Builds on Enduring Value
C O R PO R A TE P R ESE N TA TI O N Step-Change in Reserves That Builds on Enduring Value 2P RESERVES (MMBOE)* RESERVE LIFE INDEX (YEARS)* 12.7 121.3 38% 80% Base Business 87.6 Argentina 7.1 2024 2025 2024 2025 KEY Vaca Muerta Llanos 34 Llanos 123 CPO-5 DRIVERS Acquisition now Recovery New formation
Slide 18: 2026 Work Program and Medium-Term Guidelines
C O R PO R A TE P R ESE N TA TI O N 2026 Work Program and Medium-Term Guidelines 2026 WORK PROGRAM MEDIUM-TERM HIGHLIGHTS PRODUCTION (KBOEPD) 44 - 46 32 - 34 27 - 30 PRODUCTION DRILLING WELLS OPEX CAPEX EBITDA 27-30 KBOEPD 27-36 GROSS $13-15/BOE $190–220 MM $220–300 MM 2026 2027 2028 CAPEX ($MM) 350
Slide 19: Profitable Operator
C O R PO R A TE P R ESE N TA TI O N Profitable Operator ADJUSTED EBITDA MARGIN 63% 58% 60% 55% 55% 56% 51% 53% 52% 49% 44% 41% 35% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 OPERATING COST PER BARREL SOLD G&A PER BARREL 19 8.8 16 21% 15 55% Reduction ($/BBL) 13-15 Reduction ($/
Slide 20: Strong Balance Sheet with Safety Nets in Place
C O R PO R A TE P R ESE N TA TI O N Strong Balance Sheet with Safety Nets in Place GROSS AND NET LEVERAGE** RESERVE LIFE EXCEEDS DEBT MATURITY 2.4 2.3 2.2 12.7 2.0 1.6 1.9 7.2 1.6 1.1 0.9 1.3 1.2 0.9 0.8 0.7 Net Debt Long-term Objective: <1.5x Net Debt Covenant: <3.25x 2021 2022 2023 2024 2025 1Q202
Slide 21: Hedging Portfolio Update
Hedging Portfolio Update 2006-2027
Slide 22: Proactive Hedging Program to Deliver Predictability
CO Proactive RPO Hedging RA T Program to E PR Deliver ESE N TA TI O N Predictability Proactive Hedging Program to Deliver Predictability CLEAR ROBUST DISCIPLINED TRACK GOALS METHODOLOGY EXECUTION RECORD Protect Cash Flow Risk-Adjusted Hedge Design Structured and Layered Execution Consistent Market P
Slide 23: Emerging Upside Drivers for 2027 – 2028
C O R PO R A TE P R ESE N TA TI O N Emerging Upside Drivers for 2027 – 2028 Stronger Commodity Accelerating RIGI Colombia Environment1 Argentina Execution Economic Upside Upside 2026 Brent ~$87/bbl 5.0 – 6.0 kbopd LLANOS 34 vs $60 - $70/bbl WP* 2026 Exit Production Filing May 15, 2026 CEOR & Polymer
Slide 24: SPEED Since Day One
Palas | hl GEOPARK SPEED Since Day One
Slide 25: Driving Sustainability Forward
C O R PO R A TE P R ESE N TA TI O N Driving Sustainability Forward STRONG GOVERNANCE AS A BUSINESS ENABLER • Majority independent Board with balanced 6.0-year average tenure Included for the second time in the S&P • Board independence standards exceeding applicable regulatory requirements Sustainabi
Slide 26: GeoPark: Creating Value and Giving Back
ke GEOPARK CREATING VALUE AND GIVING BACK