Report of Foreign Issuer (6-k)
September 15 2017 - 6:05AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of September 2017
Commission
File Number: 001-36298
GeoPark
Limited
(Exact
name of registrant as specified in its charter)
Nuestra
Señora de los Ángeles 179
Las
Condes, Santiago, Chile
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
GEOPARK
LIMITED
TABLE
OF CONTENTS
ITEM
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1.
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Press Release dated dated September 14, 2017
titled “GeoPark Prices Offering of its 6.500% Senior Secured Notes due 2024”
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Item
1
FOR IMMEDIATE DISTRIBUTION
GEOPARK PRICES OFFERING
OF ITS 6.500% SENIOR SECURED NOTES
DUE 2024
Santiago, Chile – September 14, 2017
– GeoPark Limited (“GeoPark” or the “Company”) (NYSE: “GPRK”), an exempted company incorporated
under the laws of Bermuda, today announced the pricing of US$425,000,000 aggregate principal amount of 6.500% senior secured notes
due 2024 (the “Notes”). The Notes will mature on September 21, 2024 and will be secured by a pledge of the Company’s
equity interests in certain of its subsidiaries. The Notes were offered to qualified institutional buyers in accordance with Rule
144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S.
persons in accordance with Regulation S under the Securities Act. The settlement of the Notes offering is expected to take place
on September 21, 2017, subject to customary closing conditions.
The net proceeds from the Notes offering
will be used by the Company (i) to make a capital contribution to its wholly-owned subsidiary, GeoPark Latin America Limited Agencia
en Chile (“GeoPark LA Agencia”), providing it with sufficient funds to (a) purchase for cash any and all of the 7.50%
senior secured notes due 2020 (the “2020 Notes”) in GeoPark LA Agencia’s previously announced tender offer (the
“Tender Offer”), (b) pay any related fees and expenses, including any applicable tender premiums and accrued interest
on the 2020 Notes, and (c) redeem and satisfy and discharge the 2020 Notes, if any, that remain outstanding after the completion
of the Tender Offer and (ii) for general corporate purposes, including capital expenditures and to repay existing
indebtedness.
This press release does not constitute an
offer to sell or a solicitation of an offer to buy these securities, nor will there be any sale of these securities, in any state
or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any state or jurisdiction. The Notes have not been registered under the Securities Act, or any applicable state securities
laws, and will be offered only to qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act and
outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. Unless so registered, the
Notes may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the
Securities Act and any applicable state securities laws. This press release is not an offer to purchase or a solicitation of an
offer to purchase with respect to any 2020 Notes or any other securities, and does not constitute a notice of redemption of the
2020 Notes.
For further information,
please contact:
INVESTORS:
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Stacy Steimel – Shareholder Value Director
Santiago, Chile
T: +56 (2) 2242-9600
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ssteimel@geo-park.com
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Dolores Santamarina – Investor Manager
Buenos Aires, Argentina
T: +54 (11) 4312-9400
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dsantamarina@geo-park.com
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Jared Levy – Sard Verbinnen & Co
New York, USA
T: +1 (212) 687-8080
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jlevy@sardverb.com
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Kelsey Markovich – Sard Verbinnen & Co
New York, USA
T: +1 (212) 687-8080
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kmarkovich@sardverb.com
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*****
ABOUT GEOPARK
AND GEOPARK LA AGENCIA
GeoPark is a leading independent oil and
natural gas exploration and production company with operations in Latin America and a proven track record of growth in production
and reserves since 2006. GeoPark operates in Colombia, Chile, Brazil, Peru and Argentina.
GeoPark LA Agencia is an established branch,
under the laws of Chile, of GeoPark Latin America Limited, an exempted company incorporated under the laws of Bermuda, which is
wholly owned by GeoPark Limited, an exempted company incorporated under the laws of Bermuda.
CAUTIONARY
STATEMENT ON FORWARD-LOOKING STATEMENTS
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are preceded
by words such as “believes,” “expects,” “may,” “anticipates,” “plans,”
“intends,” “assumes,” “will” or similar expressions. The forward-looking statements contained
herein include statements about the Company’s Notes offering and its intended use of proceeds therefrom. These expectations
may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In
addition, GeoPark’s business and operations involve numerous risks and uncertainties, many of which are beyond the control
of GeoPark, which could result in GeoPark’s expectations not being realized or otherwise materially affect the financial
condition, results of operations and cash flows of GeoPark. Some of the factors that could cause future results to materially differ
from recent results or those projected in forward-looking statements are described in GeoPark’s filings with the United States
Securities and Exchange Commission.
The forward-looking statements are made
only as of the date hereof, and GeoPark does not undertake any obligation to (and expressly disclaims any obligation to) update
any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence
of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results
from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results,
events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results
may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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GeoPark Limited
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By:
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/s/
Andrés Ocampo
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Name:
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Andrés
Ocampo
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Title:
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Chief Financial Officer
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Date:
September 14, 2017
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