Exploration & Production

GeoPark acquires 50% stake in Argentina’s Los Parlamentos block

Latin America-focused explorer GeoPark has acquired a 50% stake in YPF’s Los Parlamentos block in Argentina’s Neuquén Basin
By Staff reporter 13 June 2018 0 31292

Latin America-focused explorer GeoPark has acquired a 50% stake in YPF’s Los Parlamentos block in Argentina’s Neuquén Basin, the company announced on Tuesday.

GeoPark won the block as part of a bidding round on 31 May.

“We’re very pleased to have the opportunity to partner and work with YPF in Argentina and to be adding more high-potential, valuable acres in the Neuquén Basin, where our team knows the rocks and has a great track record of finding oil and gas,” said GeoPark Chief Executive...