Slide 1: Delivering on Plan and Driving Growth
Delivering on Plan and Driving Growth October 2014
Slide 2: Legal Disclaimer
Legal Disclaimer The material that follows comprises information about GeoPark Limited ("GeoPark") and its subsidiaries, In light of our Rio das Contas acquisition, we have included unaudited Pro forma condensed combined as of the date of the presentation. It has been prepared solely for information
Slide 3: Latin American Asset Base Performance and Opportunity
Latin American Asset Base Performance and Opportunity LARGE RISK-BALANCED PROJECT INVENTORY Production Assets: 20,425 boe/d (1H14) Development Assets: 3P Reserves of 180-200 MMboe Exploration Assets: Resources of 500 MM to 1 billion boe Unconventional Resource Assets: 150-200 MMboe New Project Oppor
Slide 4: Proven Plan, Team and Approach
Proven Plan, Team and Approach BUSINESS MODEL and CAPABILITIES ORGANIZATIONAL STRUCTURE and EFFICIENCIES INTEGRATED VALUE SYSTEM: S.P.E.E.D.
Slide 5: Colombia: Leading E&P Story in Colombia Today
Colombia Leading EandP Story in Colombia Today [] Acquired three companies in 2012 -- and in 2 years, drilled 57 wells, discovered 11 new oil fields (6 operated) and increased production by 4+ times [] Quickly built value by introducing new paradigms - both above and below the ground - with new play
Slide 6: Colombia: Discoveries from Introducing New Geological Play-Type
Colombia Discoveries from Introducing New Geological Play-Type LLANOS 34 BLOCK (GEOPARK OPERATED) Discovered fields: 5 []Max []Tua [] Tarotaro []Aruco [] Tigana Identified new prospects: 5 [] Jacana [] Mochuelo [] Chenchena [] Tilo [] Chiricoca 3D Seismic Area (249 km2) -- 2012/13 Oil Fields Explora
Slide 7: Chile: Low Risk Development and Exploration in Proven Area
Chile Low Risk Development and Exploration in Proven Area [] First private oil and gas producer in Chile [] Large fully-operated land base across the Magallanes basin, with existing reserves, production and cash flow [] New expanded acreage in TdF to replicate proven exploration model in Fell [] Re-
Slide 8: Chile: Large Inventory of New Opportunities
Chile Large Inventory of New Opportunities 8 MAGALLANES BASIN: IDENTIFIED PETROLEUM SYSTEMS Oil and Gas Fields Exploration Prospects Current Producing Reservoirs Potential Reservoirs
Slide 9: Brazil: Positioned to Grow and Capture Opportunities
Brazil Positioned to Grow and Capture Opportunities [] Largest producing gas field in Brazil: fully-developed, cash flow producing, low-risk asset [] Partnership with Petrobras [] 9 exploration blocks in proven basins [] Tecpetrol partnership to acquire new projects 10 Blocks 9 operated Acreage 0.1
Slide 10: Brazil: Secure Cash Flow and Exploration Opportunities
Brazil Secure Cash Flow and Exploration Opportunities EXPLORATION BLOCKS PRODUCTION ASSET RECONCAVO, POTIGUAR and SERGIPE -ALAGOAS CAMAMU -ALMADA (Onshore Rift Basins) (Offshore Rift Basin) PARNAIBA A[]U FM POJUCA and SERGI FMS (Intracratonic Paleozoic Basin) MANATI GAS FIELD SERRARIA FM 10
Slide 11: Peru: New Country Entry / Transformational Acquisition
Peru New Country Entry / Transformational Acquisition [] Large acreage position in one of most prolific basins in Latin America (produced over 1 billion bbls) [] Discovered oil field with opportunity to bring near term cash flow [] Similar play-type exploration prospects mapped under 3D seismic (Sit
Slide 12: Peru: Discovered Oil and Big Upside
Peru Discovered Oil and Big Upside SITUCHE CENTRAL FIELD MORONA BLOCK Discovery Wells Situche Central 2X and 3X (Short term tests of 2,400 bopd and 5,200 bopd of 34-37[] API oil) SC 3X SC 2X MARA[]ON BASIN 12
Slide 13: Large Diversified Inventory of Reserves and Resources
Large Diversified Inventory of Reserves and Resources DRIVERS OF ORGANIC GROWTH [] 30 blocks in 12 basins in 5 countries / 5.5 MM acres [] 3P reserve development opportunities: 180-200 MMboe [] Exploration resource opportunities: 500 to 1.0 billion boe / 100+ leads and prospects MULTI -PROJECT RISK-
Slide 14: Drilling and Investing to Grow: 50-60 Wells / $220-250 MM in 2014
Drilling and Investing to Grow: 50-60 Wells / $220-250 MM in 2014 2014 CAPEX $70-80 MM 2014 CAPEX $140-155 MM (1)Including pro forma production from Manati in the 1Q14, as the acquisition was completed on March 31, 2014 2014 CAPEX $10-15 MM HISTORY OF EXECUTION AND DELIVERY CAPEX AND ACQUISITIONS ($
Slide 15: Operational Track-Record Leads to Financial Track-Record
Operational Track-Record Leads to Financial Track-Record INCREASING CASH GENERATION ADJUSTED EBITDA ($MM): 60+% / YEAR (CAGR '10-- '13) BALANCED AND STRONG CASH POSITION [] Multi-country cash generation (99% investment grade) [] 26% production growth translated into 60+% growth in revenues and Adjus
Slide 16: Innovative Funding Strategy and Well-Funded Balance Sheet
Innovative Funding Strategy and Well-Funded Balance Sheet OVER $1 BILLION RAISED FROM DIVERSIFIED SOURCES NYSE LISTING 2014: WIDER INVESTOR BASE AND LIQUIDITY International Bond Market Commercial Bank Lending Multilateral Banking Institutions Client Prepayment Facilities Strategic Partnerships Equit
Slide 17: Selecting and Investing in Best Shareholder Value-Adding Projects
17 Selecting and Investing in Best Shareholder Value-Adding Projects CAPITAL ALLOCATION TRACK -RECORD AND DISCIPLINE VALUE PER SHARE AND BOTTOM -LINE PERFORMANCE FOCUS Economic Metrics: [] Efficient use of capital: IRR [] Critical mass: NPV [] Return on equity: ROCE [] Value added per share: VIPS []
Slide 18: Outlook: Secure Consistent Growth with Big Upside Opportunity
Outlook: Secure Consistent Growth with Big Upside Opportunity BUSINESS MODEL COMPETITIVE ADVANTAGE [] Larger-scale risk-balanced portfolio approach [] Multiple attractive projects in multiple hydrocarbon / geographical regions [] Local talented decentralized management -- unified by operational and
Slide 19: Finding, Closing and Building Value on New Projects
Finding, Closing and Building Value on New Projects TODAY[]S HIGHEST POTENTIAL HYDROCARBON REGION Successful Acquisitions and Execution [] Rapid execution and investment on acquired assets [] Track-record converting assets and building value Active Long-term Pipeline of Projects [] Technical approac
Slide 20: Uniquely-Positioned Oil and Gas Investment Vehicle
20 Uniquely -Positioned Oil and Gas Investment Vehicle [] Oil-Finding and Operating Know-How [] Solid Asset Base with Cash Flow and Upside [] Operational and Financial Track Record [] Access to Capital [] New Project Inventory and Alliances [] Capital Allocation and Project Efficiencies PORTFOLIO PR
Slide 21: Company Directory
Company Directory
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Slide 23: Contacts
Contacts Andr[]s Ocampo Chief Financial Officer Pablo Ducci Capital Markets Sof[]a Chellew Investor Relations Santiago, Chile Nuestra Se[]ora de los []ngeles 179, Las Condes, Santiago, Chile Phone: +(56 2) 2242 9600 Email: ir@geo -park.com www.geo-park.com
Slide 24: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. GeoPark Limited By: /s/ Andrés Ocampo Name: Andrés Ocampo Title: Chief FinancialOfficer Date: October 14