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Related parties | 12 Months Ended
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Dec. 31, 2021
Disclosure Of Related Parties [Abstract] |
Disclosure of related party [text block] | Note 34 Related parties Controlling interest The main shareholders of GeoPark Limited, a company registered in Bermuda, as of December 31, 2021, are: ​
​ | ​ | ​ | ​ | ​ | ​
​ |  | Common |  | Percentage of outstanding |
Shareholder | ​ | shares | ​ | common shares |
James F. Park (a) |  | 8,414,255 |  | 13.97 | %
Compass Group LLC (b) |  | 6,102,239 |  | 10.13 | %
Gerald E. O’Shaughnessy (c) |  | 6,043,163 |  | 10.03 | %
Renaissance Technologies LLC (d) |  | 3,538,931 |  | 5.87 | %
Other shareholders |  | 36,139,438 |  | 59.99 | %
​ |  | 60,238,026 |  | 100.00 | %
(a) | Held by James F. Park directly and indirectly through GoodRock LLC, which is controlled by Mr. Park. The information set forth above and listed in the table is based solely on the disclosure set forth in Mr. Park’s most recent Schedule 13G filed with the SEC on February 14, 2022. 602,400 of Mr. Park’s shares have been pledged pursuant to lending arrangements.
(b) | The information set forth above and listed in the table is based solely on the disclosure set forth in Compass Group LLC’s most recent Schedule 13G filed with the SEC on February 14, 2022.
(c) | Held by Mr. O’Shaughnessy directly and indirectly through GP Investments LLP, GPK Holdings LLC, The Globe Resources Group, Inc., and other investment vehicles.
(d) | The information set forth above and listed in the table is based solely on the disclosure set forth in Renaissance’s most recent Schedule 13G filed with the SEC on February 11, 2022.
​ Balances outstanding and transactions with related parties ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Balances | ​ | ​ | ​ | ​
​ | ​ | Transaction | ​ | at year | ​ | ​ | ​ | ​
Account (Amounts in US$ ´000) |  | in the year |  | end |  | Related Party |  | Relationship
2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
To be recovered from co-venturers | ​ | — | ​ | 4,680 | ​ | Joint Operations | ​ | Joint Operations
To be paid to co-venturers | ​ | — | ​ | (953) | ​ | Joint Operations | ​ | Joint Operations
Geological and geophysical expenses | ​ | 160 | ​ | — | ​ | Carlos Gulisano | ​ | Non-Executive Director (a)
Administrative expenses | ​ | 656 | ​ | — | ​ | Pedro E. Aylwin | ​ | Executive Director (b)
2020 | ​ |  | ​ |  | ​ |  | ​ |
To be recovered from co-venturers | ​ | — | ​ | 2,236 | ​ | Joint Operations | ​ | Joint Operations
To be paid to co-venturers | ​ | — | ​ | (5,760) | ​ | Joint Operations | ​ | Joint Operations
Geological and geophysical expenses | ​ | 130 | ​ | — | ​ | Carlos Gulisano | ​ | Non-Executive Director (a)
Administrative expenses | ​ | 561 | ​ | — | ​ | Pedro E. Aylwin | ​ | Executive Director (b)
2019 | ​ |  | ​ |  | ​ |  | ​ |
To be recovered from co-venturers | ​ | — | ​ | 1,035 | ​ | Joint Operations | ​ | Joint Operations
To be paid to co-venturers | ​ | — | ​ | (4,803) | ​ | Joint Operations | ​ | Joint Operations
Geological and geophysical expenses | ​ | 160 | ​ | — | ​ | Carlos Gulisano | ​ | Non-Executive Director (a)
Administrative expenses | ​ | 581 | ​ | — | ​ | Pedro E. Aylwin | ​ | Executive Director (b)
(a) | Corresponding to consultancy services.
(b) | Corresponding to wages and salaries for US$ 392,000 (US$ 336,000 in 2020 and US$ 390,000 in 2019) and bonus for US$ 230,000 (US$ 225,000 in 2020 and US$ 191,000 in 2019). During 2021, Aylwin, Mendoza, Luksic & Valencia Law firm, where Pedro Aylwin is a partner and has a participation through Asesorías e Inversiones A&P Ltda, received US$ 34,000 for general legal services to all the Chilean entities, in Chilean corporate, labor, environmental, regulatory, and commercial laws.
There have been no other transactions with the Board of Directors, Executive officers, significant shareholders or other related parties during the year besides the intercompany transactions which have been eliminated in the Consolidated Financial Statements, the normal remuneration of Board of Directors and other benefits informed in Note 11.

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