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Equity (Tables)
12 Months Ended
Dec. 31, 2023
Equity  
Schedule of Share Capital

Issued share capital

   

2023

   

2022

Common stock (amounts in US$ ‘000)

55

58

The share capital is distributed as follows:

Common shares, of nominal US$ 0.001

55,327,520

57,621,998

Total common shares in issue

55,327,520

57,621,998

Authorized share capital

US$ per share

0.001

0.001

Number of common shares (US$ 0.001 each)

5,171,949,000

5,171,949,000

Amount in US$

5,171,949

5,171,949

Schedule of Outstanding Common Shares

   

   

Shares

   

Shares

   

movement

closing

US$(`000)

GeoPark common shares history

Month

(millions)

(millions)

Closing

Shares outstanding at the end of 2021

60.2

60

Buyback program

Mar 2022

(0.2)

60.0

60

Buyback program

Jun 2022

(0.5)

59.5

60

Stock awards

Jul 2022

0.1

59.6

60

Buyback program

Sep 2022

(1.1)

58.5

59

Buyback program

Dec 2022

(0.9)

57.6

58

Shares outstanding at the end of 2022

57.6

58

Stock awards

Feb 2023

0.6

58.2

58

Buyback program

Mar 2023

(0.6)

57.6

58

Stock awards

May 2023

0.1

57.7

58

Buyback program

Jun 2023

(1.1)

56.6

57

Buyback program

Sep 2023

(0.5)

56.1

56

Buyback program

Dec 2023

(0.8)

55.3

55

Shares outstanding at the end of 2023

55.3

55

Schedule of Cash distributions

   

   

   

Total amount

Date of declaration

Date of distribution

US$ per share

in US$ ‘000

March 10, 2021

April 13, 2021

0.0205

1,133

May 5, 2021

May 28, 2021

0.0205

1,220

August 4, 2021

August 31, 2021

0.0410

2,442

November 10, 2021

December 7, 2021

0.0410

2,429

Cash distributions for the year ended December 31, 2021

7,224

March 9, 2022

March 31, 2022

0.0820

4,847

May 11, 2022

June 10, 2022

0.0820

4,809

August 10, 2022

September 8, 2022

0.1270

7,345

November 9, 2022

December 7, 2022

0.1270

7,281

Cash distributions for the year ended December 31, 2022

24,282

March 8, 2023

March 31, 2023

0.1300

7,505

May 3, 2023

May 31, 2023

0.1300

7,378

August 9, 2023

September 7, 2023

0.1320

7,383

November 8, 2023

December 11, 2023

0.1340

7,449

Cash distributions for the year ended December 31, 2023

29,715