GeoPark Limited reported operational update for the fourth quarter period ended December 31, 2016. Oil and gas production up 2% to 23,593 boepd. Oil production up 10% to 18,798 bopd. Gas production down 19% to 28.7 mmcfpd. Colombian production up 13% to 17,545 boepd. Annual 2016 average production up 10% to 22,400 boepd. Record 2016 exit production of approximately 24,400 boepd. 100% drilling success in Llanos 34 Block (GeoPark operated with 45% WI). Average consolidated oil and gas production increased to 23,593 boepd in fourth quarter of 2016 compared to 23,062 boepd in fourth quarter of 2015. The increase was mainly attributed to higher production in Colombia (new production from Jacana and Tigana oil fields - with 5 new wells drilled and put into production during 2H2016), partially offset by lower production in Chile (due to lower oil production resulting from natural decline of the fields) and Brazil (due to lower gas consumption in northeastern Brazil). Compared to third quarter of 2016, consolidated production was up 7% mainly explained by increasing production in Colombia (+12%), and partially compensated by lower production both in Chile (-6%) and Brazil (-4%). Production mix showed an increase in oil weight to 80% of total reported production in fourth quarter of 2016 (vs. 77% in third quarter of 2016 and 74% in fourth quarter of 2015) explained by the successful drilling campaign in Llanos 34 Block (GeoPark operated with 45% WI).