Our Business Model
Our Business Model focuses on developing six capabilities that assure our Company’s success and sustainability.
We are a company that values and protects its
stakeholders and the environment to ensure
long-term success.
01
COMMITMENT
AND CULTURE
This summarizes our determination to always be a company based on trust and oriented towards the continuous improvement of performance, within the framework of our SPEED Integrated Values
System. GeoPark values and protects its stakeholders and the environment to ensure its longterm success.
02
VALUE GENERATION
AND RETURNS
This is responsible for creating constant value for our stakeholders through the disciplined allocation of capital, rigorous and comprehensive risk management, the formulation of flexible and self-financing work programs, and capital and operating cost efficiency. This maximizes the value of each barrel, increases our scale, protects our balance sheet and returns tangible value to
our shareholders.
03
OPERATIONS AND
EXECUTION
This ensures that we are the safest and lowest-cost producer, with the know-how required to profitably drill, produce, transport and commercialize our oil and gas, driven by creativity to find solutions, overcome obstacles, seize opportunities and achieve results.
04
ASSET MANAGEMENT,
PERFORMANCE AND QUALITY
This involves the effective and profitable management of our portfolio and team, working productively with our partners, fully complying with the regulatory framework and executing the work programs that enable us to explore, develop and produce our oil and gas reserves and resources.
05
NATURE AND
NEIGHBORS
This is responsible for minimizing our projects’ impact on the environment and ensuring that our operating footprint is clean and limited. It ensures that we are a preferred neighbor and partner by creating mutually beneficial exchanges with the local communities where we work.
06
EXPLORATION
AND SUBSOIL
This requires all our intellectual capacity, experience, creativity and discipline to find and develop new oil and gas reserves, supported by the best science available, solid economic calculations and the capacity to take on and manage the necessary risks.
