GeoPark targets 85k bpd by 2030 via Vaca Muerta, Venezuela's Bare block

GeoPark plans to triple oil output to 85,000 bpd by 2030, driven by Argentina's Vaca Muerta shale and new entry into Venezuela's Bare block. The move signals confidence in Venezuela's improving investment climate despite sanctions, and underscores regional shale momentum. Execution risk remains high given operational and political uncertainties in Venezuela.