April 11 (Reuters) - GeoPark Ltd ( GPRK ):
* GEOPARK ANNOUNCES EXCLUSIVE NEGOTIATIONS FOR
UNCONVENTIONAL
BLOCKS IN VACA MUERTA IN ARGENTINA
* GEOPARK LTD ( GPRK ) - SUBMITTED A BINDING OFFER TO ACQUIRE A
NON-OPERATED WORKING INTEREST (WI) IN UNCONVENTIONAL BLOCKS IN
NEUQUEN BASIN IN ARGENTINA
* GEOPARK LTD ( GPRK ) - AGREED ACQUISITION PRICE IS AROUND $200
MILLION,
PLUS AN ADDITIONAL CARRY OF $110 - 120 MILLION (GROSS), OVER A
TWO YEAR PERIOD
* GEOPARK LTD ( GPRK ): GEOPARK INTENDS TO FUND ACQUISITION THROUGH A
COMBINATION OF CASH ON HAND, AVAILABLE CREDIT FACILITIES AND NEW
FINANCING
* GEOPARK LTD ( GPRK ) - UPON CLOSING, ASSETS WOULD IMMEDIATELY
CONTRIBUTE
MORE THAN 5,000 NET BOEPD OF PRODUCTION
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