GeoPark temporarily suspends all activities at the Morona camp as a preventive measure due to COVID-19 - GeoPark
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Lima, Peru – GeoPark, the operator of the Morona Project in Lot 64, in the Morona district, Datem del Marañón (Loreto), informs the general public that:

  • Due to an increase in cases in Peru that has led to the second highest number of new infections of all Latin American countries, the Company has decided to temporarily suspend all activities in the Morona Camp. The cessation of activities will commence on June 22.
  • This decision was made in conjunction with Petroperu, GeoPark’s partner on the Morona Project. Both GeoPark and Petroperu will continue to ensure the integrity and safety of the Morona Camp during the time in which activities are suspended. • The duration of the suspension will be determined by the Company’s protocols, as stated in its Plan for the Prevention of the Spread of COVID-19, and recommendations and guidelines released by the National Government and the World Health Organization.
  • Crucially, as of March 15, in order to guarantee the health and well-being of the local indigenous population, no GeoPark employee has visited, met or been in physical contact with anyone within the direct or indirect area of influence of Lot 64. Similarly, prior to the announced suspension, GeoPark extended the work shifts of a reduced number of employees inside the Morona Camp, who only completed maintenance and security tasks within the Camp perimeter.
  • GeoPark will continue to implement all preventive measures set forth by the World Health Organization, and those set by the health organizations of the different countries where we operate, demonstrating its commitment to the care and integrity of all its neighbors.

PRESS CONTACT
conexiones@geo-park.com

ABOUT GEOPARK
GeoPark is a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador. As part of its mission of “Creating Value and Giving Back”, the Company develops sustainable social investment programs in conjunction with the State and local authorities and communities, which aim to promote positive changes in the areas in which it has activities.

ABOUT THE MORONA PROJECT
Jointly operated by GeoPark and Petroperu, the Morona Project is in Peru’s Loreto department. The project uses a new model of oil development that privileges the participation of resident indigenous communities in the area of influence, valuing their opinions and including them in social, environmental and operational management plans. In its first stage the Morona Project will produce 10,000 boepd, equivalent to one quarter of Peru’s current oil production, and will generate important development opportunities at local, regional and national levels.