GeoPark Venezuela Deal Reported, No OFAC Licence on Record
GeoPark (GPRK) and Grupo Gilinski are reportedly in advanced talks for a Venezuela oil deal, though no official announcements or OFAC licenses have been issued. GeoPark, a NY-listed oil producer, lacks the necessary U.S. entity status for existing licenses. Bloomberg reported the deal, but details remain unverified. GeoPark's Q2 revenue was $143.3M, with $316.3M in cash.


