GeoPark says Venezuela now 'emerging priority'
GeoPark is increasing its efforts to enter Venezuela's newly opened oil and gas sector, viewing it as an "emerging priority" due to positive political developments and an improving regulatory environment. The company, whose largest shareholder is now investment group Colden, is assessing opportunities across different basins and considering joint ventures with PDVSA or production-sharing contracts. Any investments in Venezuela will compete with its existing projects in Colombia and Argentina.