EX-99.1 2 gprk-20231231xex99d1.htm EX-99.1

Exhibit 99.1

Resource Extraction Payment Report

Resource Extraction Issuer: GeoPark Limited

Reporting Year: Fiscal Year ended December 31, 2023

Date submitted: September 25, 2024

Currency of this report: USD

Government level disclosure

(U.S.$ thousand) (1)

    

    

    

    

    

Community

    

and social

Extraction

Political

Production

responsibility

Segment

Payee

Resource

method

jurisdiction (2)

Taxes

Royalties

entitlements

payments

Total

Colombia

 

Government of Colombia

 

Oil and gas

Wells

CO

(3)

144,029

 

23,297

 

56,619

 

744

 

224,689

Brazil

 

Government of Brazil

 

Oil and gas

Wells

BR

(4)

3,368

 

1,091

 

 

 

4,459

Corporate

 

Government of Spain

 

Oil and gas

Wells

ES-M

1,482

 

 

 

 

1,482

Argentina

 

Government of Argentina

 

Oil and gas

Wells

AR-B

1,044

 

 

 

1,044

Argentina

YPF S.A.

Oil and gas

Wells

AR-B

7,023

(5)

7,023

Chile

 

Government of Chile

 

Oil and gas

Wells

CL

(6)

247

 

601

 

 

 

848

Ecuador

 

Government of Ecuador

 

Oil

Wells

EC

(7)

487

 

 

 

271

 

758

Total

 

150,657

 

24,989

 

63,642

 

1,015

 

240,303


(1)All payments are reported in U.S. dollars. Payments relating to projects in Colombia were made in Colombian pesos and the payments in Argentina were made in Argentine Pesos. Such payments made in currencies other than in U.S. dollars have been converted to U.S. dollars using the corresponding exchange rates as of December 31, 2023.
(2)Location codes according to ISO 3166.
(3)Major subnational political jurisdiction codes of payments made in CO are CO-DC*, CO-CAS*, CO-PUT*, CO-MET* and CO-CUN*.
(4)Major subnational political jurisdiction codes of payments made in BR are BR-BA and BR-RJ.
(5)YPF S.A. is the majority state-owned energy company in Argentina. As reported in our most recent annual report on Form 20-F, in October 2023, GeoPark paid US$7.0 million as part of an agreement to transfer a working interest in the Los Parlamentos Block.
(6)Major subnational political jurisdiction codes of payments made in CL are CL-MA* and CL-RM*.
(7)Major subnational political jurisdiction codes of payments made in EC are EC-F, EC-P and EC-G.