<SEC-DOCUMENT>0000950103-17-011292.txt : 20171116
<SEC-HEADER>0000950103-17-011292.hdr.sgml : 20171116
<ACCEPTANCE-DATETIME>20171116163726
ACCESSION NUMBER:		0000950103-17-011292
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20171115
FILED AS OF DATE:		20171116
DATE AS OF CHANGE:		20171116

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GeoPark Ltd
		CENTRAL INDEX KEY:			0001464591
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36298
		FILM NUMBER:		171208409

	BUSINESS ADDRESS:	
		STREET 1:		NUESTRA SENORA DE LOS ANGELES 179
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO
		STATE:			F3
		ZIP:			00000
		BUSINESS PHONE:		562-2242-9600

	MAIL ADDRESS:	
		STREET 1:		NUESTRA SENORA DE LOS ANGELES 179
		STREET 2:		LAS CONDES
		CITY:			SANTIAGO
		STATE:			F3
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GeoPark Holdings Ltd
		DATE OF NAME CHANGE:	20090520
</SEC-HEADER>
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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.85pt; text-align: center; text-indent: -6.85pt"><B>REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 <BR>
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 6.85pt; text-align: center; text-indent: -6.85pt">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of November 2017</P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number: 001-36298</B></P>

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<P STYLE="font: 28pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>GeoPark Limited</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of registrant as specified
in its charter)</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Nuestra Se&ntilde;ora de los &Aacute;ngeles
179</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Las Condes, Santiago, Chile</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive office)</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form&nbsp;20-F or Form 40-F:</P>

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    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">Form 40-F</TD>
    <TD STYLE="width: 14%; text-align: center">
&nbsp;<FONT STYLE="font-family: Wingdings">&#111;</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(1):</P>

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&nbsp;<FONT STYLE="font-family: Wingdings">&#111;</FONT></TD>
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    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">No</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(7):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 29%; font-size: 10pt; text-align: center">Yes</TD>
    <TD STYLE="width: 14%; text-align: center">
&nbsp;<FONT STYLE="font-family: Wingdings">&#111;</FONT></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">No</TD>
    <TD STYLE="width: 14%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;<FONT STYLE="font-family: Wingdings">&#120;</FONT></P></TD></TR>
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    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD></TR>
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    <TD>&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>GEOPARK LIMITED</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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    <TD STYLE="width: 10%; font-size: 10pt; text-align: center; padding-top: 2pt; padding-bottom: 2pt"><B>ITEM</B></TD>
    <TD STYLE="width: 90%; font-size: 10pt; text-align: center; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center; padding-top: 2pt; padding-bottom: 2pt">1.</TD>
    <TD STYLE="font-size: 10pt; padding-top: 2pt; padding-bottom: 2pt">Press Release dated November 15, 2017 titled &ldquo;GeoPark Reports Third Quarter 2017 Results&rdquo;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Item
1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 76.5pt; text-align: center; text-indent: -76.5pt"><B><IMG SRC="image_001.jpg" ALT="" STYLE="height: 83.7pt; width: 172.6pt">&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 76.5pt; text-align: center; text-indent: -76.5pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>FOR IMMEDIATE DISTRIBUTION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>GEOPARK REPORTS THIRD QUARTER 2017 RESULTS
</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>HIGHER PRODUCTION DOUBLES EBITDA,</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>NEW FUNDING RAISED AND NEW ASSETS ACQUIRED</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Bogota, Colombia &ndash; November 15, 2017
- GeoPark Limited (&ldquo;GeoPark&rdquo; or the &ldquo;Company&rdquo;) (NYSE: GPRK), a leading independent Latin American oil and
gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru reports
its consolidated financial results for the three-month period ended September 30, 2017 (&ldquo;3Q2017&rdquo;).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A conference call to discuss 3Q2017 Financial
Results will be held on November 16, 2017 at 10:00 am Eastern Standard Time.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">All figures are expressed in US Dollars
and growth comparisons refer to the same period of the prior year, except when specified. Definitions and terms used herein are
provided in the Glossary at the end of this document. This release does not contain all of the Company&rsquo;s financial information.
As a result, this release should be read in conjunction with GeoPark&rsquo;s consolidated financial statements and the notes to
those statements for the period ended September 30, 2017, available on the Company&rsquo;s website.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>THIRD QUARTER 2017 HIGHLIGHTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Operational Results:</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Oil and gas production up 28%</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Consolidated oil and gas production up
28% to 28,325 boepd (up 8% compared to 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Current total production of 30,000+ boepd
(exceeds year-end exit target) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Oil production increased by 37% to 23,237
bopd (up 6% compared to 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombian oil production increased by 43%
to 22,301 bopd (up 6% compared to 2Q2017). Total gross Colombian production is over 51,000 bopd &ndash; making GeoPark the third
largest Colombian oil and gas operator</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Successful drilling results in Colombia</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In Llanos 34 block (GeoPark operated, 45%
WI)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Tigana Norte 2 appraisal well was drilled
to delineate the northeastern boundary of the Tigana/Jacana complex and is currently producing 2,700 bopd</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Tigana Norte 3 appraisal well recently
drilled outside the 3P outline defined in the 2016 D&amp;M reserves certification and approximately 50 feet down dip of the Tigana
Norte 1 well and did not encounter the oil-water contact. The well is currently producing 1,700 bopd</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Tigana Norte 4 appraisal well currently
being drilled further down dip of Tigana Norte 3 well to continue delineating the northeastern boundaries of the Tigana/Jacana
complex</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Jacana 10 appraisal well was drilled to
test the northern limits of the Jacana oil field and is currently producing 900 bopd </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Jacana 12 appraisal well was drilled to
test the southeastern boundary of Jacana and is currently producing 2,800 bopd</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Curucucu 1 exploration well was drilled
exploring a new fault trend to the east of Tigana/Jacana fault trend and is currently producing 1,100 bopd </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Financial Results:</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Adjusted EBITDA up by 131%</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Revenues increased 64% to $81.9 million
(up 9% compared to 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Operating netbacks increased by 47% ($7.4
per boe) to $23.2 per boe (up 5% compared to 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Consolidated operating expenses per boe
down by 14% from $8.5 per boe to $7.3 per boe</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adjusted EBITDA increased by 131% to $44.6
million, last twelve months adjusted EBITDA reached $147.5 million</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adjusted EBITDA per boe increased by 76%
to $18.0 per boe (up 13% compared to 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net loss of $19.1 million impacted by one-time
costs related to early cancellation of 2020 Notes of $17.6 million</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net debt to adjusted EBITDA ratio decreased
from 4.7x to 1.9x (down by 14% from 2Q2017)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cash and cash equivalents increased by
$71.6 million to $135.2 million as of September 30, 2017</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Successful 2024 Notes transaction</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Successful placing of $425 million 2024
Notes, maturing in September 2024 with a 6.5% coupon, strengthened balance sheet by increasing funds, extending maturity and lowering
debt cost</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Proceeds used to repay substantially all
existing financial debt, for capital expenditures and for general corporate purposes</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transaction oversubscribed by more than
six times with top tier and high-quality investors</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Strategic Results:</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>New high potential exploration acreage
acquired adjacent to Llanos 34 block</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">85% WI and operatorship of Tiple Exploration
Acreage acquired in Colombia from CEPSA Colombia SA</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">One exploration well scheduled to be drilled
in 1H2018, for a total investment of $7-8 million</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Brazil low cost high potential acreage
added</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Awarded new block in the proven mature
onshore Potiguar Basin, nearby other GeoPark blocks</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total commitment (bonus plus work program)
of less than $500,000</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">James F. Park, Chief Executive Officer of
GeoPark, said: &ldquo;It was another&nbsp;powerful quarter &ndash; with important operational, financial and strategic wins &ndash;
that continue building momentum for a successful completion of 2017 and an exciting outlook for 2018. Our team did its job by growing
every component of our business plan. Production continues to increase as our drilling keeps finding oil and pushing out the boundaries
of our key oil fields. Our cost&nbsp;reduction efforts&nbsp;and innovations&nbsp;continue to decrease operating and capital costs.
Our cash flow more than doubled and key financial metrics showed improvement.&nbsp;We added new highly-prospective acreage to our
expanding project portfolio by acquisitions in Colombia and Brazil&nbsp;and&nbsp;successfully&nbsp;closed a new bond transaction
providing more funds, longer maturities, more flexibility and lower costs.&rdquo;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>CONSOLIDATED OPERATING
PERFORMANCE</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Key performance indicators:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD STYLE="width: 53%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Key Indicators </B></FONT></TD>
    <TD STYLE="width: 9%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>2Q2017</B></FONT></TD>
    <TD STYLE="width: 9%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2016</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2017</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2016</B></FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Oil production<SUP>a</SUP> (bopd) </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23,237</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">21,930</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">16,942</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">21,895</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">16,277</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gas production (mcfpd) </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">30,528</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">25,158</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">30,774</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">27,954</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">33,810</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Average net production (boepd) </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">28,325</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26,123</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22,070</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26,554</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">21,913</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Brent oil price ($ per bbl)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">51.0</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">46.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">43.1</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Combined price ($ per boe) </FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">33.0</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">32.2</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26.3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">32.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23.6</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; text-indent: 63pt; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#8315;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oil ($ per bbl)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.6</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">33.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26.9</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23.3</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; text-indent: 63pt; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#8315;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gas ($ per mcf)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.5</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.5</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.3</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.5</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of crude oil ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">68.4</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">64.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">38.4</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">187.0</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">95.9</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of gas ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">13.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.5</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36.5</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Revenue ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">81.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">75.2</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">49.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">223.8</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">132.3</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Commodity Risk Management Contracts ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-8.3</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.0</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production &amp; Operating Costs<SUP>b</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-25.7</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-25.3</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-19.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-68.5</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-46.4</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">G&amp;G, G&amp;A<SUP>c</SUP> and Selling Expenses ($ million)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-12.0</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-13.9</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-11.3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-36.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-35.5</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA ($ million) </FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">44.6</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">37.1</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">19.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">120.5</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">51.4</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA ($ per boe) </FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">18.0</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">15.9</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">17.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.2</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Operating Netback ($ per boe) </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23.2</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22.2</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">15.8</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14.7</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Profit (loss) ($ million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-19.1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-1.1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-21.0</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-14.4</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-34.7</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capital Expenditures ($ million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">30.9</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">25.9</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">80.3</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">24.2</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Cash and cash equivalents ($ million)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">135.2</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">77.0</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">63.6</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">135.2</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">63.6</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Short-term financial debt ($ million)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.9</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">31.7</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">32.5</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.9</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">32.5</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Long-term financial debt ($ million)</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">418.5</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">314.6</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">320.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">418.5</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">320.4</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net debt ($ million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">285.2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">269.3</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">289.3</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">285.2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">289.3</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 21.25pt">a)</TD><TD STYLE="text-align: justify; padding-right: 63.7pt">Includes government royalties paid in-kind in Colombia for approximately
774, 781 and 690 bopd in 3Q2017, 2Q2017 and 3Q2016 respectively. No royalties were paid in kind in Chile and Brazil.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 21.25pt">b)</TD><TD STYLE="text-align: justify; padding-right: 63.7pt">Production and Operating costs include operating costs and royalties paid
in cash.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 63.8pt"></TD><TD STYLE="width: 21.25pt">c)</TD><TD STYLE="text-align: justify; padding-right: 63.7pt">G&amp;A expenses include $0.8, $0.8 and $0.9 million for 3Q2017, 2Q2017
and 3Q2016, respectively, of (non-cash) share-based payments that are excluded from the adjusted EBITDA calculation.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Production:</B></FONT>
Consolidated oil and gas production grew by 28% to a record 28,325 boepd in 3Q2017 compared to 22,070 boepd in 3Q2016. The increase
was mainly attributed to new production from the Tigana/Jacana oil fields with four new wells put into production during the quarter.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia: Average net oil and gas production
increased by 43% to 22,367 boepd in 3Q2017 compared to 15,678 boepd in 3Q2016 due to continued successful exploration and development
drilling in the Llanos 34 block.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile: Average net oil and gas production
decreased by 25% to 2,817 boepd in 3Q2017 compared to 3,756 boepd in 3Q2016, due to natural decline of the fields. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazil: Average net gas production increased
by 19% to 3,141 boepd in 3Q2017 compared to 2,636 boepd in 3Q2016. Industrial demand for gas in Brazil recovered in the third quarter.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The weight of crude oil in the production
mix represented 82% in 3Q2017 (vs. 77% in 3Q2016) due to the successful drilling campaign in Llanos 34 block.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Recent Activity: </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Colombia</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Acquired 85% WI and operatorship of Tiple
Exploration Acreage (adjacent to Llanos 34 block) from CEPSA Colombia SA </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In Llanos 34 block:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Tigana Norte 3 appraisal well successfully
drilled outside the 3P outline defined in the 2016 D&amp;M reserves certification and approximately 50 feet down dip of the Tigana
Norte 1 well (previous lowest known oil) and did not encounter the oil-water contact. The well is currently producing 1,700 bopd.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Tigana Norte 4 appraisal well currently
being drilled to continue delineating the northeastern boundaries of the Tigana/Jacana complex. The Tigana Norte 4 well is being
drilled outside the 3P outline defined in the 2016 D&amp;M reserves certification and further down dip of the recent Tigana Norte
3 well (now the lowest known oil). Currently testing 3 wells, including Tigana Sur Oeste 7, Jacana 13 and 17.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Brazil</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Awarded new block in the proven mature
onshore Potiguar Basin, nearby other GeoPark blocks </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Catalysts in 4Q2017</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Colombia</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Continued delineation of Tigana/Jacana
complex, drilling six wells in 4Q that focus on northern Tigana, the area between Tigana and Jacana in Llanos 34 block and the
southernmost part of Jacana </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Argentina</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Production start-up with long-term testing
in Rio Grande Oeste oil field in CN-V block (GeoPark operated, 50% WI)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Exploration drilling start-up in Sierra
del Nevado block (GeoPark non-operated, 18% WI) in Neuquen Basin</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Brazil</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Exploration drilling in POT-T-747 block
(GeoPark operated, 70% WI) in the Potiguar Basin</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Reference
and Realized Oil Prices: </B></FONT>Brent crude oil price averaged $52.1 per bbl during 3Q2017, and the consolidated realized oil
sales price averaged $34.6 per bbl in 3Q2017, representing a 4% increase from $33.4 per bbl in 2Q2017 and a 29% increase from $26.9
per bbl in 3Q2016. Differences between reference and realized prices are a result of commercial and transportation discounts as
well as the Vasconia price differential in Colombia, which narrowed to $2.8 per bbl in 3Q2017 from $5.7 per bbl in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table provides a breakdown
of reference and net realized oil prices in Colombia and Chile in 3Q2017:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 70%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD STYLE="width: 60%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; padding-right: 4pt; padding-bottom: 3pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>3Q2017 - Realized Oil
        Prices </B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">($ per bbl)&nbsp;</P></TD>
    <TD STYLE="width: 22%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Colombia</B></FONT></TD>
    <TD STYLE="width: 18%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Chile</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Brent oil price</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.1</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Vasconia differential </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(2.8)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Commercial and transportation discounts </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(15.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(7.8)</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Realized oil price&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.1</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">44.3</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Weight on Oil Sales Mix </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">96%</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Commodity
Risk Management Contracts - Brent Oil Price: </B></FONT>In 3Q2017 the Company recorded the following amounts related to commodity
hedges to mitigate the risk exposure to changes in the Brent oil price. Realized gains reflect cash settled transactions and unrealized
gains/losses reflect non-cash changes between the contract values and the forward Brent oil curve.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD STYLE="width: 76%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017 &ndash; Commodity Risk Management Contracts </B></FONT></TD>
    <TD STYLE="width: 24%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">($ million)</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Realized cash gain </FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.5</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Non-cash unrealized losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-9.8</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net effect </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-8.3</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company has the following commodity
risk management contracts (reference ICE Brent), in place as of the date of this release:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="border-top: rgb(192,0,0) 1.5pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Period </B></FONT></TD>
    <TD NOWRAP STYLE="border-top: rgb(192,0,0) 1.5pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Type</B></FONT></TD>
    <TD STYLE="border-top: rgb(192,0,0) 1.5pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Volume </B></FONT></TD>
    <TD NOWRAP COLSPAN="3" STYLE="border-top: #C00000 1.5pt solid; border-bottom: #BFBFBF 1pt dotted; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Contract terms ($ per bbl)</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 17%; border-bottom: #BFBFBF 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Hedged</B></FONT></TD>
    <TD STYLE="width: 24%; border-bottom: #BFBFBF 1pt solid; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: #BFBFBF 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>(bopd)</B></FONT></TD>
    <TD NOWRAP STYLE="width: 17%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Purchased Put</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Sold Put </B></FONT></TD>
    <TD NOWRAP STYLE="width: 17%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Sold Call</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4Q2017</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium collar </FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12,000</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">50.0-51.0</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;-</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">54.9-57.5</FONT></TD></TR>
<TR>
    <TD NOWRAP ROWSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1Q2018</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium collar </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium 3-way</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9,000</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,000</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,000</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">50.0-52.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">42.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">43.0</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">53.0 </FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">54.9-60.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">59.5-59.6 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">59.5-59.6</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total: 13,000</FONT></TD>
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP ROWSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2Q2018</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium collar</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium 3-way </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Zero premium 3-way </FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4,000</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4,000</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,000</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">42.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">43.0</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;-</FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">52.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">53.0 </FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">58.3-60.0 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">58.4-64.6 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">58.4-64.6</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total: 10,000</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">For further details, please refer to Note
4 of GeoPark&rsquo;s consolidated financial statements for the period ended September 30, 2017, available on the Company&rsquo;s
website.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Revenue:
</B></FONT>Consolidated revenues increased by 64% to $81.9 million in 3Q2017, compared to $49.9 million in 3Q2016, mainly driven
by higher oil and gas revenues.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><U>Sales of crude oil</U>: Consolidated
oil revenues increased by 78% to $68.4 million in 3Q2017, driven by a 39% increase in oil sales volumes and a 28% increase in realized
oil prices. Oil revenues represented 83% of total revenues compared to 77% in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia: In 3Q2017, oil revenues increased
by 90% to $64.3 million mainly due to increased sales volumes and higher realized prices. Oil sales volumes increased by 45% to
21,378 bopd. Realized oil prices increased by 31% to $34.1 per bbl, in line with higher Brent prices and a lower Vasconia discount.
Colombia earn-out payments (deducted from Colombia oil revenues) increased to $2.8 million in 3Q2017, compared to $1.3 million
in 3Q2016, in line with increased production and higher oil revenues.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile: In 3Q2017, oil revenues decreased
by 14% to $3.8 million due to lower sales volumes partially offset by higher realized prices. Oil sales volumes decreased by 26%
to 928 bopd and realized oil prices increased by 17% to $44.3 per barrel, in line with higher Brent prices. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><U>Sales of gas</U>: Consolidated gas revenues
increased by 18% to $13.6 million in 3Q2017 compared to $11.5 million in 3Q2016 due to 17% higher realized gas prices and 1% higher
gas sales volumes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile: In 3Q2017, gas revenues decreased
by 1% to $4.2 million mainly due to lower gas sales volumes, partially offset by higher realized gas prices. Gas sales volumes
decreased by 21% to 10,383 mcfpd (1,730 boepd). Gas prices increased by 25% to $4.35 per mcf ($26.1 per boe) in 3Q2017, due to
increased methanol prices.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazil: In 3Q2017, gas revenues increased
by 33% to $9.2 million, due to both higher realized prices and sales volumes. Gas prices, net of taxes, increased by 12% to $5.9
per mcf ($35.2 per boe) due to the annual gas price inflation adjustment of approximately 7%, effective January 2017, and a slight
3% appreciation of the local currency. Gas sales volumes increased by 18% to 17,056 mcfpd (2,842 boepd), primarily due to higher
gas consumption by Brazilian industrial users.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Production
and operating costs<SUP>1</SUP>:</B></FONT> Consolidated production and operating costs increased by 31% to $25.7 million in
3Q2017, compared to $19.6 million in 3Q2016, mainly due to high price royalties that increased the total by $4.1 million, and to
a lesser extent, higher operating costs of $2.0 million, due to a 39% increase in oil sales volumes. The Jacana oil field in Llanos
34 block in Colombia accumulated more than five million barrels of production which triggered Colombia&rsquo;s &ldquo;high price&rdquo;
royalty scheme beginning in mid-2Q2017. Thus, cash royalties as a percentage of revenues were 9% compared to 7% in 3Q2016.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Adjusting for increased production, consolidated
operating costs per barrel actually decreased to $7.3 per boe in 3Q2017 from $8.5 per boe a year earlier. Apart from lower road
maintenance and well-intervention costs, the improvement reflects the company&acute;s continuous efforts to reduce operating costs.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">By country, production and operating costs
were as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia: Operating costs increased by
11% to $10.8 million in 3Q2017 from $9.8 million in 3Q2016, mainly resulting from a 45% increase in sales volumes. Compared to
3Q2016, there were lower road maintenance works, pulling and other well intervention activities. Operating costs per boe decreased
to $5.5 per boe in 3Q2017 from $7.1 per boe in 3Q2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile: Operating costs increased by 4%
to $5.3 million in 3Q2017 from $5.0 million in 3Q2016 mainly due to higher pulling, well intervention activities and consumables,
and to a lesser extent to the appreciation of the Chilean peso (+3%). Operating costs per boe increased by 36% to $21.5 per boe
due to the impact of lower absorption of fixed costs from lower sales volumes.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazil: Operating costs increased to $2.2
million in 3Q2017 from $1.5 million in 3Q2016, mainly due to increased volumes (+18%) and higher maintenance costs in Manati ($0.7
million higher in 3Q2017 vs 3Q2016) and, to a lesser extent, the appreciation of the Brazilian real (+3%). Operating costs per
boe increased to $8.2 per boe from $6.6 in 3Q2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Royalties: Consolidated royalties paid in
cash (reported in Production and Operating Costs) increased by $4.1 million to $7.4 million in 3Q2017, compared to $3.3 million
in 3Q2016, mainly resulting from increased production, higher oil prices and the &ldquo;high price&rdquo; royalty for the Jacana
oil field in Llanos 34 block beginning in 3Q2017. Thus, consolidated royalties increased to 9% of revenue versus 7% in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Selling
expenses:</B></FONT> Consolidated selling expenses decreased to $0.3 million in 3Q2017 compared to $0.5 million in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Administrative,
Geological and Geophysical expenses:</B></FONT> Consolidated G&amp;A and G&amp;G expenses increased by 7% to $11.6 million in 3Q2017
compared to $10.8 million in 3Q2016. Consolidated G&amp;A and G&amp;G costs per boe decreased by 7% to $5.2 per boe in 3Q2017 (vs.
$5.6 per boe in 3Q2016).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Adjusted
EBITDA: </B></FONT>Consolidated adjusted EBITDA<SUP>2</SUP> strongly grew by 131% to $44.6 million or $18.0 per boe in 3Q2017
compared to $19.4 million or $10.2 per boe in 3Q2016, mainly driven by the combination of increased production levels and higher
realized oil and gas prices.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia: Adjusted EBITDA of $41.6 million
in 3Q2017 </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile: Adjusted EBITDA of $0.8 million
in 3Q2017</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazil: Adjusted EBITDA of $5.4 million
in 3Q2017</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate, Argentina and Peru: Adjusted
EBITDA of negative $3.2 million in 3Q2017</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 25%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><SUP>1</SUP> Production and Operating Costs = Operating Costs
plus Royalties</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"><SUP>2</SUP> See &ldquo;Reconciliation of
adjusted EBITDA to Profit (Loss) before income tax and adjusted EBITDA per boe&rdquo; included in this press release.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The table below shows production, volumes sold and breakdown
of the most significant components of adjusted EBITDA for 3Q2017 and 3Q2016, on a per country and per barrel basis:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 95%; border-collapse: collapse; margin-left: 14.2pt">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-top: #C00000 1pt solid; border-bottom: Black 1pt solid; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Adjusted EBITDA/boe</B></FONT></TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-top: #C00000 1pt solid; border-bottom: Black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Colombia</B></FONT></TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-top: #C00000 1pt solid; border-bottom: Black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Chile</B></FONT></TD>
    <TD NOWRAP COLSPAN="2" STYLE="border-top: #C00000 1pt solid; border-bottom: Black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: rgb(192,0,0)"><B>Brazil</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #C00000 1pt solid; border-bottom: Black 1pt solid; text-align: center; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="color: rgb(192,0,0)"><B>Total</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="width: 36%; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 8%; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q17</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q16</B></FONT></TD>
    <TD NOWRAP STYLE="width: 8%; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q17</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q16</B></FONT></TD>
    <TD NOWRAP STYLE="width: 8%; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q17</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q16</B></FONT></TD>
    <TD NOWRAP STYLE="width: 8%; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q17</B></FONT></TD>
    <TD STYLE="width: 8%; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3Q16</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production (boepd)</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22,367</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">15,678</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,817</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,756</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,141</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,636</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">28,325</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22,070</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Stock variation /RIK<SUP>a</SUP></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(935)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(944)</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(158)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(301)</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(254)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(199)</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1,347)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1,444)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sales volume (boepd)</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">21,432</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14,734</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,659</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,455</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,887</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,437</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26,978</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">20,626</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">% Oil</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">35%</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36%</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2%</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2%</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">83%</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">78%</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>($ per boe)</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Realized oil price </FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.1</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">25.9</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">44.3</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">37.8</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">59.4</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">48.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26.9</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Realized gas price<SUP>b</SUP></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">26.1</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">20.8</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">35.2</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">31.5</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">31.8</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">27.1</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Earn-out</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1.3)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.9)</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.9)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.6)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Combined Price </B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>32.7</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>25.0</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>32.4</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>27.0</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>35.6</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>31.7</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>33.0</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>26.3</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Commodity Risk Management Contracts</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.8</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.6</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Operating costs</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(5.5)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(7.1)</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(21.5)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(15.9)</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(8.2)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(6.6)</FONT></TD>
    <TD NOWRAP STYLE="border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(7.3)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(8.5)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Royalties in cash</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3.1)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1.7)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1.3)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1.1)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3.4)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3.1)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3.0)</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1.7)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Selling &amp; other expenses</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;(0.1)</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.6)</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.7)</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(0.3)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Operating Netback/boe</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>24.9</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>16.3</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>9.0</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>9.4</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>24.0</B></FONT></TD>
    <TD STYLE="border-right: #D9D9D9 1pt dashed; border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>22.1</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>23.2</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>15.8</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">G&amp;A, G&amp;G</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(5.2)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(5.6)</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: justify; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Adjusted EBITDA/boe</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; background-color: white; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>18.0</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>10.2</B></FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 21.25pt">a)</TD><TD STYLE="text-align: justify; padding-right: 14.1pt">RIK (Royalties in Kind). Includes royalties paid in kind in Colombia for
approximately 774 and 690 bopd in 3Q2017 and 3Q2016, respectively. No royalties were paid in kind in Chile and Brazil.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"></TD><TD STYLE="width: 21.25pt">b)</TD><TD STYLE="text-align: justify; padding-right: 14.1pt">Conversion rate of mcf/boe=1/6</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Depreciation:</B></FONT>
Consolidated depreciation decreased by 6% to $19.4 million in 3Q2017, compared to $20.8 million in 3Q2016, due to lower depreciation
costs per boe as a consequence of drilling successes and increased reserves, partially offset by higher volumes sold. Depreciation
costs per boe declined by 28% to $7.8 per boe.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Write-off
of unsuccessful exploration efforts:</B></FONT> Consolidated write-off of unsuccessful exploration efforts amounted to $0.2 million
in 3Q2017, compared to $13.3 million in 3Q2016. Amounts recorded in 3Q2016 correspond to non-cash charges from seismic and exploration
activities associated to the relinquishment of blocks with no production and no reserves in Colombia and Brazil, plus unsuccessful
exploratory efforts in Chile.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Other expenses:</B></FONT>
Other operating expenses amounted to $0.4 million in 3Q2017, compared to $1.0 million gain in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>CONSOLIDATED NON-OPERATING
RESULTS AND PROFIT FOR THE PERIOD</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Net financial
expenses:</B></FONT> Net financial costs increased to $26.6 million in 3Q2017, compared to $8.6 million in 3Q2016. Amounts recorded
in 3Q2017 include $17.6 million related to one-time costs on the cancellation of 2020 Notes (see &ldquo;Financial Ratios&rdquo;
section below for further details). Excluding these costs, net financial expenses amounted to $9.0 million in 3Q2017.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Foreign
exchange: </B></FONT>Net foreign exchange charges amounted to a $3.2 million gain in 3Q2017 compared to a $1.8 million loss in
3Q2016, mainly due to the appreciation of the Brazilian real in 3Q2017 versus the depreciation in 3Q2016. Foreign exchange differences
resulted from differences in the US Dollar-denominated debt incurred at the local subsidiary level and the underlying functional
currency, the Brazilian real.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Income tax:</B></FONT>
Income taxes amounted to an $11.6 million loss in 3Q2017, as compared to a $3.5 million gain in 3Q2016, in line with operating
profits recorded in 3Q2017 versus operating losses recorded in 3Q2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Net income:</B></FONT>
Net losses amounted to $19.1 million in 3Q2017 compared to $21.0 million in 3Q2016. The net loss in 3Q2017 mainly relates to one-time
costs from the cancellation of 2020 Notes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>BALANCE SHEET </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Cash and
cash equivalents: </B></FONT>Cash and cash equivalents totaled $135.2 million as of September 30, 2017. Year-end 2016 cash and
cash equivalents amounted to $73.6 million. The difference reflects cash generated from operating activities of $117.4 million
and cash from financing activities of $26.4 million, partially offset by cash used in investing activities of $80.3 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Cash from financing activities of $26.4
million includes net proceeds from the issuance of 2024 Notes of $420.8 million, offset by: (i) principal paid of $353.9 million
related to the payment of 2020 Notes and the prepayment of the Itau loan, (ii) cancellation costs of $17.6, and (iii) interest
payments of $22.4 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Prepayment
facility and credit lines available</B></FONT>: As of September 30, 2017, the Company had in place an offtake and prepayment agreement
with Trafigura of up to $100 million ($12.5 million outstanding as of September 30, 2017) and approximately $28 million in uncommitted
credit lines.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Financial
debt:</B></FONT> Total financial debt (net of issuance costs) amounted to $420.4 million, including the $425 million 2024 Notes
issued in September 2017. Short-term debt amounted to $1.9 million as of September 30, 2017.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>FINANCIAL RATIOS<SUP>a</SUP></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 48%; padding-left: 14.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">($ million)</FONT></TD>
    <TD STYLE="text-align: justify; width: 18%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 33%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 1%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 95%; background-color: white; border-collapse: collapse; margin-left: 14.2pt">
<TR STYLE="background-color: Transparent">
    <TD STYLE="width: 13%; border-top: rgb(192,0,0) 1pt solid; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>At period-end</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: rgb(192,0,0) 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Financial Debt</B></FONT></TD>
    <TD STYLE="width: 18%; border-top: rgb(192,0,0) 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Cash and Cash Equivalents</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: rgb(192,0,0) 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Net Debt</B></FONT></TD>
    <TD STYLE="width: 16%; border-top: rgb(192,0,0) 1pt solid; text-align: right; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Net Debt/ LTM Adj. EBITDA</B></FONT></TD>
    <TD STYLE="width: 25%; border-top: rgb(192,0,0) 1pt solid; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #C00000"><B>LTM Interest</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #C00000"><B>Coverage</B></P></TD></TR>
<TR STYLE="background-color: Transparent">
    <TD STYLE="border-top: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3Q2016</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">352.9</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">63.6</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">289.3</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4.7x</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2.0x</FONT></TD></TR>
<TR STYLE="background-color: Transparent">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4Q2016</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">358.7</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">73.6</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">285.1</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3.6x</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2.7x</FONT></TD></TR>
<TR STYLE="background-color: Transparent">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1Q2017</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">341.7</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">70.3</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">271.4</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2.6x</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3.4x</FONT></TD></TR>
<TR STYLE="background-color: Transparent">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2Q2017</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">346.3</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">77.0</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">269.3</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2.2x</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4.1x</FONT></TD></TR>
<TR STYLE="background-color: Transparent">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3Q2017</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">420.4</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">135.2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">285.2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1.9x</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; padding-right: 3pt; padding-left: 3pt; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">5.3x</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 28.35pt">a)</TD><TD STYLE="padding-right: 42.45pt"><FONT STYLE="background-color: white">Based on trailing 12-month financial results.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #C00000"><B>Issuance
of 2024 Notes: </B></FONT>During September 2017, the Company successfully placed $425 million notes (&ldquo;2024 Notes&rdquo;)
in accordance with Rule 144A under the United States Securities Act, and outside the United States to non-U.S. persons in accordance
with Regulation S under the United States Securities Act. The 2024 Notes carry a coupon of 6.50% per annum. Funds were used to
repay financial debt, to provide financial flexibility and for general corporate purposes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The indenture governing the 2024 Notes includes
incurrence test covenants that provides among other things, that, during the first two years from the issuance date, the net Debt
to adjusted EBITDA ratio should not exceed 3.5 times and the adjusted EBITDA to interest ratio should exceed 2 times. Failure to
comply with the incurrence test covenants would not trigger an event of default. As of the date of this release the Company is
in compliance with all provisions and covenants.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>IN MEMORIAM</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">GeoPark deeply laments the passing of Michael
Dingman on October 3, 2017, a special friend, valued colleague, and a giant in international industry and finance, who served on
GeoPark's Board of Directors and passionately supported and advised GeoPark&rsquo;s management team. Michael&acute;s extensive
Board knowledge and experience on the boards of major listed companies greatly benefited the GeoPark Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>SELECTED INFORMATION
BY BUSINESS SEGMENT </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>(UNAUDITED)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 85%; border-collapse: collapse; margin-left: 0.5in">
<TR STYLE="background-color: white">
    <TD STYLE="width: 62%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Colombia</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD STYLE="width: 21%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3Q2016</B></FONT></TD>
    <TD STYLE="width: 4%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>

<TR>
    <TD STYLE="width: 62%; background-color: white; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Revenue ($ million)</FONT></TD>
    <TD STYLE="width: 13%; background-color: white; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">64.5</FONT></TD>
    <TD STYLE="width: 21%; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34.2</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 4%; background-color: white; padding-bottom: 3pt">&nbsp;</TD></TR>

<TR>
    <TD STYLE="width: 62%; background-color: white; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production and Operating Costs<SUP>a</SUP> ($ million)</FONT></TD>
    <TD STYLE="width: 13%; background-color: white; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-17.0</FONT></TD>
    <TD STYLE="width: 21%; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-12.0</FONT></TD>
    <TD STYLE="width: 4%; background-color: white; text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA ($ million) </FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">41.6</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">17.4</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capital Expenditures<SUP>b</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22.5</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.2</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>

<TR>
    <TD STYLE="width: 62%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Chile</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; background-color: white; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD STYLE="width: 21%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; background-color: white; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3Q2016</B></FONT></TD>
    <TD STYLE="width: 4%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; background-color: white; text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of crude oil ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.8</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.4</FONT></TD>
    <TD NOWRAP STYLE="padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of gas ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.2</FONT></TD>
    <TD NOWRAP STYLE="padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Revenue ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.9</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.6</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production and Operating Costs<SUP>a</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-5.6</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-5.4</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA ($ million) </FONT><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.8</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.0</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capital Expenditures<SUP>b</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.6</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>

<TR STYLE="background-color: white">
    <TD STYLE="width: 62%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Brazil</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD STYLE="width: 21%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>&nbsp;&nbsp;&nbsp;&nbsp;3Q2016</B></FONT></TD>
    <TD STYLE="width: 4%; border-top: #C00000 1pt solid; border-bottom: #D9D9D9 1pt solid; text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of crude oil ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.2</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.2</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of gas ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.2</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.9</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Revenue ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.4</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.1</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production and Operating Costs<SUP>a</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-3.1</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-2.2</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Adjusted EBITDA ($ million) </FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.4</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.4</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capital Expenditures<SUP>b</SUP> ($ million)</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.0</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.6</FONT></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 3pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-bottom: 3pt">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">a)</TD><TD>Production and Operating = Operating Costs + Royalties.</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left">b)</TD><TD>The difference with the reported figure in Key Indicators
table corresponds mainly to capital expenditures in Argentina and to a lesser extent in Peru.</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Symbol"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>CONSOLIDATED STATEMENT
OF INCOME </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>(UNAUDITED)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 90%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="vertical-align: bottom; width: 56%; font-size: 10pt; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%; font-size: 10pt; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; background-color: white; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; background-color: white; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(In millions of $) </FONT></TD>
    <TD NOWRAP STYLE="border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2016</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2017</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2016</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>REVENUE</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P></TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of crude oil </FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">68.4</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">38.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">187.0</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">95.9</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sale of gas</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">13.6</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36.9</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36.5</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>TOTAL REVENUE</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>81.9</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>49.9</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>223.8</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>132.3</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Commodity risk management contracts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-8.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.0</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Production and operating costs </FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-25.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-19.6</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-68.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-46.4</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Geological and geophysical expenses (G&amp;G)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-2.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-3.8</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-7.6</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Administrative expenses (G&amp;A)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-10.9</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-8.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-31.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-24.2</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Selling expenses</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.9</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-3.6</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Depreciation</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-19.4</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-20.8</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-55.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-58.9</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Write-off of unsuccessful exploration efforts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-13.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-4.8</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-13.7</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Impairment for non-financial assets </FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Other operating </FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.4</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.0</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-2.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-0.4</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>OPERATING PROFIT (LOSS)</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>15.9</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-14.1</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>59.9</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-22.6</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Financial costs, net</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-26.6</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-8.6</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-43.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-25.2</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Foreign exchange gain (loss)</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-1.8</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">15.3</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>PROFIT (LOSS) BEFORE INCOME TAX</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-7.5</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-24.5</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>18.0</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-32.5</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Income tax</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-11.6</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-32.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-2.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>PROFIT (LOSS) FOR THE PERIOD </B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-19.1</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-21.0</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-14.4</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-34.7</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Non-controlling interest</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.8</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-2.9</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-6.0</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>ATTRIBUTABLE TO OWNERS OF GEOPARK</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-19.9</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-18.1</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-19.8</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right; padding-right: 3pt; padding-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-28.7</B></FONT></TD></TR>
</TABLE>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000"><B>SUMMARIZED CONSOLIDATED STATEMENT OF FINANCIAL
POSITION </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 90%; border-collapse: collapse">
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; width: 66%; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(In millions of $) </FONT></TD>
    <TD NOWRAP STYLE="width: 17%; border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Sep '17</B></FONT></TD>
    <TD NOWRAP STYLE="width: 17%; border-bottom: #BFBFBF 1pt solid; background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Dec '16</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(Unaudited)</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(Audited)</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Non-Current Assets</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Property, plant and equipment</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">497.9</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">473.6</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Other non-current assets</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">46.9</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">45.7</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Non-Current Assets</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>544.8</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>519.3</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Current Assets</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Inventories</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4.7</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3.5</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Trade receivables</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">14.4</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">18.4</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Other current assets</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">34.0</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">25.7</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Cash at bank and in hand</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">135.2</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">73.6</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Current Assets</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>188.3</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>121.2</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Assets</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>733.1</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>640.5</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Equity</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Equity attributable to owners of GeoPark</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">90.0</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">105.8</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Non-controlling interest</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">40.9</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">35.8</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Equity</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>130.9</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>141.6</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Non-Current Liabilities</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Borrowings</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">418.5</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">319.4</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Other non-current liabilities</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">78.8</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">80.0</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Non-Current Liabilities</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>497.3</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>399.4</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Current Liabilities</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Borrowings</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1.9</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">39.3</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Other current liabilities</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">103.0</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">60.2</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total Current Liabilities</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>104.9</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>99.5</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="padding-right: 4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Total Liabilities</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;&nbsp;602.2</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;&nbsp;498.9</B></FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: bottom; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Total Liabilities and Equity</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>733.1</B></FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>640.5</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000"><B>SUMMARIZED CONSOLIDATED STATEMENT OF CASH
FLOWS </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>(UNAUDITED)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 90%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="vertical-align: bottom; width: 54%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(In millions of $) </FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2017</B></FONT></TD>
    <TD NOWRAP STYLE="width: 13%; border-bottom: #BFBFBF 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>3Q2016</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2017</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2016</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP>&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR>
    <TD NOWRAP><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Cash flows from operating activities</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">38.2</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">26.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">117.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">54.9</FONT></TD></TR>
<TR>
    <TD NOWRAP><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Cash flows used in investing activities</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-30.9</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-10.1</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-80.3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-24.2</FONT></TD></TR>
<TR>
    <TD NOWRAP><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Cash flows from (used) in financing activities</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">51.4</FONT></TD>
    <TD NOWRAP STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-31.3</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">26.4</FONT></TD>
    <TD STYLE="background-color: white; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-49.4</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>RECONCILIATION OF ADJUSTED
EBITDA TO PROFIT (LOSS) BEFORE INCOME TAX</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>(UNAUDITED)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="width: 45%; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2017 (In millions of $)</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Colombia</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Chile </B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Brazil</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Other</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Total</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Adjusted EBITDA</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">116.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2.9</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">13.0</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-12.0</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>120.5</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Depreciation</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-29.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-18.0</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-7.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-55.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Commodity Risk Management Contracts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.7</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Write-offs unsuccessful exploration efforts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.6</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-3.0</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-4.8</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Share Based Payments</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.4</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.1</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-2.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-3.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Others</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4.1</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.6</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.5</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.1</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">3.1</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>OPERATING PROFIT (LOSS)</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">88.8</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-14.7</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1.7</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-15.9</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>59.9</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Financial costs, net</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-43.3</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Foreign Exchange charges, net</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1.4</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>PROFIT (LOSS) BEFORE INCOME TAX</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>18.0</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="width: 45%; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>9M2016 (In millions of $)</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Colombia</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Chile </B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Brazil</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Other</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Total</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Adjusted EBITDA</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">40.5</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4.5</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">14.1</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-7.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>51.4</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Depreciation</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-24.5</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-24.1</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-10.1</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.2</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-58.9</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Commodity Risk Management Contracts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Write-offs unsuccessful exploration efforts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-7.4</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.7</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-4.6</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-13.7</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Share Based Payments</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.5</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.3</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-0.0</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.1</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.9</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Others</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.3</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.9</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1.0</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.6</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.6</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>OPERATING PROFIT (LOSS)</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">8.3</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-20.6</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.4</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-10.7</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>-22.6</B></FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Financial costs, net</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-25.2</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Foreign Exchange charges, net</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">15.3</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>PROFIT (LOSS) BEFORE INCOME TAX</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt">&nbsp;</TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>-32.5</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>RECONCILIATION OF LAST
TWELVE MONTHS ADJUSTED EBITDA TO PROFIT (LOSS) BEFORE INCOME TAX </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>(UNAUDITED)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="width: 45%; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Last Twelve Months - LTM (In millions of $)</B></FONT></TD>
    <TD NOWRAP STYLE="width: 11%; border-bottom: #BFBFBF 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>Total</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Adjusted EBITDA</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>147.5</B></FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Depreciation</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-72.0</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Commodity Risk Management Contracts</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-3.8</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Write-offs unsuccessful exploration efforts/impairment</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-16.8</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Share Based Payments/Other</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-1.2</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>OPERATING PROFIT</B></FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>53.7</B></FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Financial costs, net</FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">-52.2</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Foreign Exchange charges, net</FONT></TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">0.1</FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD NOWRAP STYLE="padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>PROFIT BEFORE INCOME TAX</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: right; padding-right: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>1.6</B></FONT></TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 4pt">&nbsp;</TD></TR>
</TABLE>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="background-color: white"><B>CONFERENCE
CALL INFORMATION</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">GeoPark
will host its Third Quarter 2017 Financial Results conference call and webcast on Thursday, November 16, 2017, at 10:00 a.m. Eastern
Daylight Time.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">Chief
Executive Officer, James F. Park, Chief Financial Officer, Andres Ocampo, and Chief Operating Officer, Augusto Zubillaga will discuss
GeoPark's financial results for 3Q2017 and work program and investment guidelines for 2018, with a question and answer session
immediately following.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">Interested
parties may participate in the conference call by dialing the numbers provided below: </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">United States Participants: 866-547-1509</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">International Participants: +1 920-663-6208</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">Passcode: 99494005</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">Please
allow extra time prior to the call to visit the website and download any streaming media software that might be required to listen
to the webcast. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">An
archive of the webcast replay will be made available in the Investor Support section of the Company&rsquo;s website at www.geo-park.com
after the conclusion of the live call.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000"><B>For further information, please contact:</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #C00000">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; color: #C00000"><B>INVESTORS:</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; color: #C00000">&nbsp;</P></TD>
    <TD STYLE="width: 35%">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 59%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Stacy Steimel &ndash; Shareholder Value Director</FONT></TD>
    <TD STYLE="width: 41%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: Blue"><U>ssteimel@geo-park.com</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Santiago, Chile</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 65%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #C00000"><B>MEDIA:</B></FONT></TD>
    <TD STYLE="width: 35%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 59%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Jared Levy &ndash; Sard Verbinnen &amp; Co</FONT></TD>
    <TD STYLE="width: 41%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: Blue"><U>jlevy@sardverb.com</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">New York, USA</FONT></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">T: +1 (212) 687-8080</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Kelsey Markovich &ndash; Sard Verbinnen &amp; Co</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">New York, USA&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">T: +1 (212) 687-8080</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: Blue"><U>kmarkovich@sardverb.com</U></FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">GeoPark can be visited online at <FONT STYLE="color: Blue"><U>www.geo-park.com</U></FONT><U><FONT STYLE="color: #5B9BD5">.</FONT></U></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #C00000"><B>GLOSSARY</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #C00000">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 27%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Adjusted EBITDA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="width: 73%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Adjusted EBITDA is defined as
        profit for the period before net finance costs, income tax, depreciation, amortization, certain non-cash items such as impairments
        and write-offs of unsuccessful exploration efforts, accrual of share-based payments, unrealized results on commodity risk management
        contracts and other non-recurring events</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Adjusted EBITDA per boe</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Adjusted EBITDA divided by total
        boe sales volumes</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Bbl</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Barrel</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Boe</B>&#9;</FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Barrels of oil equivalent</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Boepd</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Barrels of oil equivalent per
        day</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Bopd</B>&#9;</FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Barrels of oil per day</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>CEOP</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Contrato Especial de Operacion
        Petrolera (Special Petroleum Operations Contract)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>D&amp;M&#9;</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">DeGolyer and MacNaughton</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>F&amp;D costs</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Finding and development costs,
        calculated as capital expenditures in 2016 divided by the applicable net reserves additions before changes in Future Development
        Capital</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0"><B>&ldquo;High price&rdquo; royalty&#9;</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0">&nbsp;</P></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">An additional royalty incurred
        in Colombia when each oil field exceeds 5 mmbbl of cumulative production and is determined by a combination of API gravity and
        WTI oil prices</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mboe&#9;</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Thousand barrels of oil equivalent</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mmbo</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Million barrels of oil</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mmboe</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Million barrels of oil equivalent</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mcfpd</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Thousand cubic feet per day</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mmcfpd</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Million cubic feet per day</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mm<SUP>3</SUP>/day</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Thousand cubic meters per day</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>NPV10</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Present value of estimated future
        oil and gas revenues, net of estimated direct expenses, discounted at an annual rate of 10%</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Operating netback per boe</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Revenue, less production and
        operating costs (net of depreciation charges and accrual of stock options and stock awards) and selling expenses, divided by total
        boe sales volumes. Operating netback is equivalent to adjusted EBITDA net of cash expenses included in Administrative, Geological
        and Geophysical and Other operating costs</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>PRMS&#9;</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Petroleum Resources Management
        System</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>SPE&#9;</B></FONT></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Society of Petroleum Engineers</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0"><B>SQ KM</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0">&nbsp;</P></TD>
    <TD>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">Square kilometers</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 0; text-align: justify">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>WI </B>&#9;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Working interest</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 7.1pt; text-align: center; color: #C00000"><B>NOTICE</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.45pt 0pt 7.1pt; text-align: center; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Additional information about GeoPark can
be found in the &ldquo;Investor Support&rdquo; section on the website at www.geo-park.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Rounding amounts and percentages: Certain
amounts and percentages included in this press release have been rounded for ease of presentation. Percentage figures included
in this press release have not in all cases been calculated on the basis of such rounded figures, but on the basis of such amounts
prior to rounding. For this reason, certain percentage amounts in this press release may vary from those obtained by performing
the same calculations using the figures in the financial statements. In addition, certain other amounts that appear in this press
release may not sum due to rounding.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">This press release contains certain oil
and gas metrics, including information per share, operating netback, reserve life index, and others, which do not have standardized
meanings or standard methods of calculation and therefore such measures may not be comparable to similar measures used by other
companies. Such metrics have been included herein to provide readers with additional measures to evaluate the Company's performance;
however, such measures are not reliable indicators of the future performance of the Company and future performance may not compare
to the performance in previous periods.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; color: #C00000"><B>CAUTIONARY
STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; color: #C00000">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">This press release contains statements that
constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified
by the use of forward-looking words such as &lsquo;&lsquo;anticipate,&rsquo;&rsquo; &lsquo;&lsquo;believe,&rsquo;&rsquo; &lsquo;&lsquo;could,&rsquo;&rsquo;
&lsquo;&lsquo;expect,&rsquo;&rsquo; &lsquo;&lsquo;should,&rsquo;&rsquo; &lsquo;&lsquo;plan,&rsquo;&rsquo; &lsquo;&lsquo;intend,&rsquo;&rsquo;
&lsquo;&lsquo;will,&rsquo;&rsquo; &lsquo;&lsquo;estimate&rsquo;&rsquo; and &lsquo;&lsquo;potential,&rsquo;&rsquo; among others.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Forward-looking statements that appear in
a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations,
regarding various matters, including expected 2017 production growth and performance, operating netback per boe and capital expenditures
plan. Forward-looking statements are based on management&rsquo;s beliefs and assumptions, and on information currently available
to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those
expressed or implied in the forward-looking statements due to various factors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Forward-looking statements speak only as
of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future
developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to
reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these
forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Oil and gas production figures included
in this release are stated before the effect of royalties paid in kind, consumption and losses. Annual production per day is obtained
by dividing total production for 365 days.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Information about oil and gas reserves</B>:
The SEC permits oil and gas companies, in their filings with the&nbsp;SEC, to disclose only proven, probable and possible reserves
that meet the&nbsp;SEC's&nbsp;definitions for such terms. GeoPark uses certain terms in this press release, such as &quot;PRMS
Reserves&quot; that the&nbsp;SEC's guidelines do not permit GeoPark from including in filings with the&nbsp;SEC. As a result, the
information in the Company&rsquo;s SEC filings with respect to reserves will differ significantly from the information in this
press release.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">NPV10 for PRMS 1P, 2P and 3P reserves is
not a substitute for the standardized measure of discounted future net cash flows for SEC proved reserves.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The reserve estimates provided in this release
are estimates only, and there is no guarantee that the estimated reserves will be recovered. Actual reserves may eventually prove
to be greater than, or less than, the estimates provided herein. Statements relating to reserves are by their nature forward-looking
statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Adjusted EBITDA:</B> The Company defines
adjusted EBITDA as profit for the period before net finance costs, income tax, depreciation, amortization and certain non-cash
items such as impairments and write-offs of unsuccessful exploration and evaluation assets, accrual of stock options stock awards,
unrealized results on commodity risk management contracts and other non-recurring events. Adjusted EBITDA is not a measure of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">profit or cash flows as determined by IFRS.
The Company believes adjusted EBITDA is useful because it allows us to more effectively evaluate our operating performance and
compare the results of our operations from period to period without regard to our financing methods or capital structure. The Company
excludes the items listed above from profit for the period in arriving at adjusted EBITDA because these amounts can vary substantially
from company to company within our industry depending upon accounting methods and book values of assets, capital structures and
the method by which the assets were acquired. Adjusted EBITDA should not be considered as an alternative to, or more meaningful
than, profit for the period or cash flows from operating activities as determined in accordance with IFRS or as an indicator of
our operating performance or liquidity. Certain items excluded from adjusted EBITDA are significant components in understanding
and assessing a company&rsquo;s financial performance, such as a company&rsquo;s cost of capital and tax structure and significant
and/or recurring write-offs, as well as the historic costs of depreciable assets, none of which are components of adjusted EBITDA.
The Company&rsquo;s computation of adjusted EBITDA may not be comparable to other similarly titled measures of other companies.
For a reconciliation of adjusted EBITDA to the IFRS financial measure of profit for the year or corresponding period, see the accompanying
financial tables.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Operating netback per boe should not be
considered as an alternative to, or more meaningful than, profit for the period or cash flows from operating activities as determined
in accordance with IFRS or as an indicator of our operating performance or liquidity. Certain items excluded from Operating Netback
per boe are significant components in understanding and assessing a company&rsquo;s financial performance, such as a company&rsquo;s
cost of capital and tax structure and significant and/or recurring write-offs, as well as the historic costs of depreciable assets,
none of which are components of Operating Netback per boe. The Company&rsquo;s computation of Operating Netback per boe may not
be comparable to other similarly titled measures of other companies. For a reconciliation of Operating Netback per boe to the IFRS
financial measure of profit for the year or corresponding period, see the accompanying financial tables.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->


























<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><B>GeoPark Limited</B></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; text-align: left; padding-left: 0.5in">/s/ Andr&eacute;s Ocampo</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 5%">Name:</TD>
    <TD STYLE="width: 33%">Andr&eacute;s Ocampo</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>Chief FinancialOfficer</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">Date: November 16, 2017</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>



<P STYLE="margin: 0"></P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
