GeoPark Announces Appointment of Jamie B. Coulter to Its Board of Directors

SANTIAGO, Chile–(BUSINESS WIRE)–GeoPark Limited (“GeoPark” or the “Company”) (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, announced the appointment of Mr. Jamie B.
Coulter as a new member of the Board of Directors of the Company,
effective May 17, 2017.

Mr. Coulter is a well-respected businessman, known for spearheading the
growth of a variety of businesses in diverse sectors. Mr. Coulter
currently serves as Chairman and CEO of Coulter Enterprises Inc., a
private investment firm. Mr. Coulter has been an investor in and strong
supporter of GeoPark since 2006.

Mr. Coulter was a leader in the food retail and restaurant business for
more than 46 years. He built and became the Chief Executive Officer of
Lone Star Steakhouse & Saloon, a company that was awarded IPO of the
year and Forbes Magazine #1 Best Small Company in America for 3
consecutive years. In addition to Lone Star, he developed and operated
Pizza Hut and Kentucky Fried Chicken restaurants and became the largest
Pizza Hut franchisee, was inducted to the Pizza Hut Hall of Fame, and
was named the Restaurants & Institutions CEO of the year.

Mr. Coulter has both operating and investment experience in the oil and
gas business, including the founding of Sunburst Exploration, a US
upstream oil and gas company that he built throughout the 1980s and sold
in 1994. Mr. Coulter also has a successful track record as an oil and
gas investor and has been an active participant in the North American
shale plays during the last ten years.

Mr. Coulter currently serves as a Director of the Federal Law
Enforcement Foundation; Director of Jimmy Johns, LLC; Director of Realm
Cellars; Director of Cirq Estates, LLC; Director of KB Wines, LLC;
Member of the Board of Trustee for HCA Wesley Medical Center and Member
of the Texas Heart Institute Foundation Board. Mr. Coulter has
previously served as Chairman of the Board of Directors of the Young
Presidents’ Organization; Director of Empower America; Chairman of the
Venice International University of Leadership; Chairman of the Board of
the International Pizza Hut Franchise Holders’ Association; Chairman of
the Board of Trustees of Friends University; Member of the Board of
Advisors of The Wichita State University Center for Entrepreneurship;
Member of the Board of Trustees for the University of Kansas School of
Business; Director of Intrust Bank, N.A. and Chairman of the Board of
Fox & Hound Restaurant Group.

Mr. Coulter said: “I have invested in and followed GeoPark since its
very early days – and am eager to now participate more closely with this
well-positioned Company for its next big growth phase. The size and
scale of GeoPark’s current assets and new opportunities across the
region are impressive and exciting.”

Gerry O’Shaughnessy, Chairman of the Board of GeoPark, said: “We are
very pleased to welcome Jamie Coulter and his winning experience to our
Board. At this key inflection point for GeoPark, his distinguished track
record in growth companies will prove invaluable to GeoPark in helping
us take advantage of the important opportunities ahead.”

GeoPark can be visited online at www.geo-park.com.

NOTICE

Additional information about GeoPark can be found in the “Investor
Support” section on the website at www.geo-park.com.

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.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION

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 ‘‘anticipate,’’ ‘‘believe,’’ ‘‘could,’’ ‘‘expect,’’ ‘‘should,’’
‘‘plan,’’ ‘‘intend,’’ ‘‘will,’’ ‘‘estimate’’ and ‘‘potential,’’ among
others.

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 the drilling plan. Forward-looking statements are based on
management’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.

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.

Contacts

For further information:
INVESTORS:
GeoPark
Limited
Santiago, Chile
Stacy Steimel, +562 2242 9600
Shareholder
Value Director
[email protected]
or
GeoPark
Limited
Buenos Aires, Argentina
Dolores Santamarina, +5411
4312 9400
Investor Manager
[email protected]
or
MEDIA:
Sard
Verbinnen & Co
New York, USA
Jared Levy, +1 212-687-8080
[email protected]
or
Sard
Verbinnen & Co
New York, USA
Kelsey Markovich, +1
212-687-8080
[email protected]