The Board of Directors of GeoPark Limited announced the implementation of its long-planned succession process and that, after twenty years at the helm of GeoPark, James F. Park will be succeeded by Andres Ocampo as Chief Executive Officer, effective July 1, 2022. Mr. Park will remain as CEO during this interim period and continue to work closely with Mr. Ocampo and the rest of the GeoPark Executive Team to ensure a seamless transition. Mr. Ocampo has been an integral member of GeoPark's Executive Team for more than a decade and has played a crucial role in setting and executing GeoPark's focused strategy.

Under the leadership of Mr. Ocampo and the GeoPark Executive Team, the Company will maintain its founding principles and proven growth strategy, along with its focus as a best-in-class oil and gas finder and operator. The Company will continue to manage its assets in the most ethical, responsible and compatible way with the environment and its neighbors, while creating long-term value for GeoPark's shareholders and other stakeholders. Mr. Ocampo joined GeoPark in 2010 and has served as GeoPark's Chief Financial Officer since January 2013.