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GPRK

GeoPark

$4.98

0.15 (3.11%)

08:38
11/23/16
11/23
08:38
11/23/16
08:38

GeoPark announces further expansion of Jacana oil field in Colombia

GeoPark announced the successful testing of the Jacana 6 appraisal well in the Jacana Oil Field in the Llanos 34 Block in Colombia. GeoPark drilled and completed the Jacana 6 appraisal well to a total depth of 11,684 feet. A test conducted with an electric submersible pump in the Guadalupe formation, across multiple sand units, resulted in a production rate of approximately 1,800 bpd of 16 degrees API, with a 17% water cut, through a choke of 38/64 mm and wellhead pressure of 80 pounds per square inch. Additional selective interval testing and production history are required to determine the stabilized flow rate and water cut source. Surface facilities are in place and the well is already in production. The Jacana 6 well was drilled to test the western limits of the field and is located approximately 1.7 km southwest of the successful Jacana 5 appraisal well which extended the northwest field boundaries and continues to produce at approximately 3,600 bopd with less than 1% water cut. The successful appraisal drilling in the Jacana Field this year has substantially increased the field size, as well as, grown field production to over 13,000 bopd gross from six wells. DeGolyer & MacNaughton, the independent reserve engineering firm, is currently evaluating information to issue an updated reserve certification as of December, expected to be released in February 2017. GeoPark's total five country program, at a $45-$50 oil price, is targeting 20%-25% production growth from a fully-funded $80-$90M capital program and with a forecasted consolidated exit production of 30,000+ boepd net. James Park, CEO of GeoPark, said: "We still have the opportunity to drill 1-2 more development wells before the end of the year and are gearing up to drill another 15+ wells to further appraise this play in 2017."

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WMAR

West Marine

$9.15

-0.01 (-0.11%)

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West Marine management to meet with B. Riley »

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AAP

Advance Auto Parts

$157.00

-4.155 (-2.58%)

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Advance Auto Parts call volume above normal and directionally bullish »

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AMTD

TD Ameritrade

$43.28

0.13 (0.30%)

11:05
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Conference/Events
TD Ameritrade management to meet with William Blair »

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AMD

AMD

$14.00

0.87 (6.63%)

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AMD management to meet with Canaccord »

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MOBL

MobileIron

$4.90

0.15 (3.16%)

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MobileIron forms Internet of Things division »

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MOBL

MobileIron

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0.15 (3.16%)

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AMD

AMD

$14.00

0.87 (6.63%)

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AMD ticks fresh multi-year and 52-week high »

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MRVL

Marvell

$16.21

0.4 (2.53%)

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Marvell management to meet with B. Riley »

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SQ

Square

$14.70

0.07 (0.48%)

, AAPL

Apple

$136.70

0.98 (0.72%)

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On The Fly: What to watch in Square earnings report »

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0.07 (0.48%)

AAPL

Apple

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CWBC

Community West Bancshares

$10.13

0.0252 (0.25%)

11:02
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Community West Bancshares says CFO Baltuskonis to retire July 2017 »

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AFL

Aflac

$71.36

-0.06 (-0.08%)

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Aflac management to meet with Sandler O'Neill »

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ARGS

Argos Therapeutics

$4.40

-0.3 (-6.38%)

10:56
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Downgrade
Argos Therapeutics rating change  »

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CPB

Campbell Soup

$59.42

0.47 (0.80%)

10:56
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Campbell Soup CEO repeats plan to achieve $300M in cost savings by end of FY17 »

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TSO

Tesoro

$88.39

-0.69 (-0.77%)

10:56
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Options
Tesoro put volume heavy and directionally bearish »

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AMD

AMD

$14.00

0.87 (6.63%)

, INTC

Intel

$36.52

0.04 (0.11%)

10:53
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Periodicals
AMD looks to challenge Intel's PC processor dominance, FT says »

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AMD

AMD

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INTC

Intel

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CEO

CNOOC

$121.51

-1.14 (-0.93%)

10:52
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Recommendations
CNOOC analyst commentary  »

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QVCA

Liberty Interactive

$19.71

0.41 (2.12%)

10:51
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Technical Analysis
Liberty Interactive spikes higher on very heavy volume »

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UAA

Under Armour

$22.25

0.47 (2.16%)

10:48
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Options
Under Armour calls active as shares tick higher »

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EAT

Brinker

$42.55

-1.32 (-3.01%)

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Brinker management to meet with Maxim »

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KR

Kroger

$33.05

-1.175 (-3.43%)

10:41
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Options
Pre-earnings jitters in Kroger as shares slide »

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UNP

Union Pacific

$108.18

-1.495 (-1.36%)

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Hot Stocks
Breaking Hot Stocks news story on Union Pacific »

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ECPG

Encore Capital

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Periodicals
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UNP

Union Pacific

$108.18

-1.49 (-1.36%)

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Hot Stocks
Breaking Hot Stocks news story on Union Pacific »

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UNP

Union Pacific

$108.18

-1.49 (-1.36%)

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Hot Stocks
Union Pacific sees coal market more stable going forward »

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10:35
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General news
The 3.3% U.S. January existing home sales bounce »

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