GeoPark's output slips back

Latin American oil and gas firm GeoPark's run of recent bad luck has continued with an underwhelming test result from exploration well Cerro Iturbe Oeste 1 in the Fell Block in Chile.

Latin American oil and gas firm GeoPark's run of recent bad luck has continued with an underwhelming test result from exploration well Cerro Iturbe Oeste 1 in the Fell Block in Chile.

The well was tested in September 2012 in the Springhill and Tobifera formations and showed low productivity from both reservoirs. The company is currently evaluating hydraulic fracture in the Springhill formation.

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