GeoPark Announces Successful First Phase of Its Strategic Deleveraging Process - Seite 2

Breakdown of Notes Outstanding³

The following table provides detail of outstanding GeoPark Notes as of December 2020 (last reporting date) and pro-forma upon closing of these transactions:

Notes Outstanding

Dec 31, 2020

Pro-forma

2024 Notes (6.500% Coupon)

$425 million

$170 million

2027 Notes (5.500% Coupon)

$350 million

$500 million

Total Outstanding

$775 million

$670 million

This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state or jurisdiction. The new notes have not been registered under the Securities Act, or any applicable state securities laws, and will be offered only to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. Unless so registered, the new notes may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and any applicable state securities laws.

OTHER NEWS / RECENT EVENTS

Reporting Date for 1Q2021 Results Release, Conference Call and Webcast

GeoPark will report its 1Q2021 financial results on Wednesday, May 5, 2021 after the market close.

In conjunction with the 1Q2021 results press release, GeoPark management will host a conference call on May 6, 2021 at 10:00 am (Eastern Daylight Time) to discuss the 1Q2021 financial results. To listen to the call, participants can access the webcast located in the Investor Support section of the Company’s website at www.geo-park.com, or by clicking below:

https://event.on24.com/wcc/r/3138548/E57A81C86661B99A3D71D604FEFF18D5

Interested parties may participate in the conference call by dialing the numbers provided below:

United States Participants: 833-945-1670
International Participants: [phone]