UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2025
Commission File Number: 001-36298
GeoPark Limited
(Exact name of registrant as specified in its
charter)
Calle 94 N° 11-30 8° piso
Bogota, Colombia
(Address of principal executive office)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F:
GEOPARK LIMITED
TABLE OF CONTENTS
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Press Release dated May 14, 2025 titled “GeoPark Provides Update on Transaction in Vaca Muerta, Argentina” |
Item 1

FOR IMMEDIATE DISTRIBUTION
GEOPARK PROVIDES
UPDATE ON TRANSACTION IN VACA MUERTA, ARGENTINA
Bogota, Colombia – May 14, 2025 - GeoPark
Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent energy company with over 20 years of
successful operations across Latin America, announces today that Phoenix Global Resources (“Phoenix”), the counterparty to
the transaction through which GeoPark agreed to acquire a non-operated working interest in four unconventional blocks in Vaca Muerta (Argentina),
has decided to withdraw from the agreement. As a result, the acquisition will not be completed by GeoPark.
As previously referenced during GeoPark’s
1Q2025 Results Conference Call, and in accordance with the terms of the FarmOut Agreement, either party had the right to withdraw from
the transaction following the contractually defined “Outside Date” of May 13, 2025.
Notwithstanding this development, GeoPark remains firmly committed to its long-term North Star strategy—anchored in profitable,
dependable, and sustainable growth through the development of Big assets, in Big plays, within Big basins. This strategy is underpinned
by a solid cash balance, currently at $330 million, conservative net leverage ratio below 1.0x, a robust hedging program that now covers
approximately 87% of 2025 volumes, and a disciplined capital allocation framework—which provides the Company with the flexibility
to pursue other strategic opportunities and continue advancing the following core priorities:
Strengthening the Core Business - The Company
remains focused on executing its 2025 organic work program, prioritizing high-return projects to maximize returns and cash generation
from its core portfolio
Pursuing Value-Accretive Growth - Inorganic
growth opportunities within GeoPark’s defined geographies of interest continue to be actively evaluated, aiming to complement the
existing portfolio and support long-term value creation
Strategic Optionality - GeoPark continues
to evaluate a range of value-enhancing alternatives, including dividends, share buybacks, and potential debt reduction, depending on market
conditions
GeoPark appreciates the continued trust and support
of its shareholders and stakeholders. The Company remains committed to maintaining open communication while pursuing disciplined growth
opportunities that generate long-term value for all its stakeholders.
For further information, please
contact:
INVESTOR RELATIONS:
MEDIA:
NOTICE
Additional information about GeoPark can be found
in the “Invest with Us” section on the website at www.geo-park.com.
CAUTIONARY
STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION
This press release contains
statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified
by the use of forward-looking words such as ‘‘anticipate,’’ ‘‘believe’’, ‘‘could,’’
‘‘expect,’’ ‘‘should,’’ ‘‘plan,’’ ‘‘intend,’’
‘‘will,’’ ‘‘estimate’’ and ‘‘potential,’’ among others.
Forward-looking statements that appear in a number
of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding
various matters including its growth strategy, the advancement of the Company's core priorities, the Company’s pursuit of disciplined
growth opportunities and the generation of long-term value for the Company’s stakeholders. Forward-looking statements are based
on management’s beliefs and assumptions, and on information currently available to the management. Such statements are subject to
risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due
to various factors.
Forward-looking statements
speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information
or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or
to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these
forward-looking statements are realized, see the Company’s filings with the U.S. Securities and Exchange Commission (SEC).
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.
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GeoPark Limited |
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By: |
/s/ Jaime Caballero Uribe |
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Name: |
Jaime Caballero Uribe |
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Title: |
Chief Financial Officer |
Date: May 14, 2025