LONDON, OCTOBER 2007

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1 LONDON, OCTOBER 00

MA-BIS T- MA- MA- MA- MA- E- E MAO- MA- MA-BIS MA- E- T-A T- E- MA- T- PL-A T- COZ- COZ-A Mol-Mol- PL- OK- PL- Mol- Mol- Mol- Mol- PL-0A PL- PL-0B Mol- Bis PL-0 PL-PL- Mol- PL- PL-BIS PL- PL-9 PL-

2 D- ABM.x- PMy.x- LoC.x- ACh.x- CDJ.x- CLP.x- D-A D-B M- Te- Te- D-D-9 Fell- D- D- D- BN-A D- D- Te- Fell- D- D- D- BN- D-0 MA- MA-0 T- MA-9 DO- D- MA-9 MA- T- BN- MA- MA- MA-00 MA- DO- MA- MA-00 T- 0 9 MA- MA- MA- CG- MA- MA- MA- T- DO- 0 MA-BIS T- MA- MA- MA- MA- E- E MAO- MA- MA-BIS MA- E- T-A T- E- MA- T- PL-A T- COZ- COZ-A Mol-Mol- PL- OK- PL- Mol- Mol- Mol- Mol- PL-0A PL- PL-0B Mol- Bis PL-0 PL-PL- Mol- PL- PL-BIS PL- PL-9 PL- Gu- Mun- PL-9BIS Gu- Sa- O-00 MunO- N- Mun- CH- O- N- N- Mun- NO- Me- Me- N- NO- PDN- DorN- PDN- PDN-A Dir- KAN- NS- PDN- KAN- PDN-00 PD- PD- KAN- PD- PDO- PD- KAN- PDO- PD- PD- Mur- PD- KAN- PD- CN- PD-0 PD- Mog- KA-A KA- SN- Dor- KA- KA- SN-00 CN- F- SN- F- S- CN- MN- MN- SN- PS- S- DM.x- DMN.x- DMN.a- DMN.a- LV.x- EE DM.x CF.x- ZP.x- CNo.x- LDM.x- LDMS.x- SG- DL- DL- DL- C.VIRGENES Overview: Assets = Acreage + Reserves + Production Blocks: blocks ( Argentina, Chile) 0, acres under licence 00% working interests Operatorship of all blocks Risk-balanced opportunities (production, development, exploration projects) Reserves: 0% in Chile / 0% in Argentina % Oil / % Gas Country Chile Argentina Argentina Argentina Basin Austral Austral Neuquen Neuquen Block Fell Del Mosquito Cerro Dona Juana Loma Cortaderal Working Interest (%) Area (Acres) 0,000 90,000,9 9,0 SOUTH AMERICA SALTA ARGENTINA P A C I F I C O C E A N CHILE REFERENCES Oil and Gas Production: PRODUCTIVE BASINS LOMA CORTADERAL BLOCK (Arg) SANTIAGO MENDOZA BUENOS AIRES GEOPARK BLOCKS 00 CERRO D. JUANA BLOCK (Arg) 00 0 km 0 km NEUQUEN A T L A N T I C O C E A N COMODORO RIVADAVIA BOEPD FELL BLOCK (Chile) 0 km 0 km 00 km DEL MOSQUITO BLOCK (Arg) 0 km 0 km 00 0 º H Sem º H Sem º H Sem00 00 º H Sem 00 00

Overview: Capabilities = People + Tools + Capital Infrastructure and Rigs:

Companies Gerardo Hinterwimmer (0) Geologist YPF, Schlumberger, San Jorge,

Gulisano PhD () Geologist YPF, San Jorge, Chevron Ivan Hidalgo () Engineer ENAP,

Ester Lara PhD (0) Geophysicist 0 YPF, ARCO, Lagoven, San Jorge, Chevron Kimiri

Geophysicist Geologist 9 Total, Pan American (BP), Wintershall YPF, San Jorge,

PhD () Geophysicist 9 YPF, San Jorge, Chevron Pablo Berri () Geologist Baker

Chevron Ricardo Saldano () Engineer 9 YPF, Pluspetrol Augusto Zubillaga ()

() Engineer ENAP, Weatherford, Schlumberger, Halliburton Miguel Mallo () Engineer

3 Overview: Capabilities = People + Tools + Capital Infrastructure and Rigs: Experienced and Successful Team: Name (Age) Profession Years Experience Previous Companies Gerardo Hinterwimmer (0) Geologist YPF, Schlumberger, San Jorge, Chevron Gustavo Henderson (0) Engineer BJ Services, San Jorge, Chevron Carlos Gulisano PhD () Geologist YPF, San Jorge, Chevron Ivan Hidalgo () Engineer ENAP, Halliburton Carlos Murut (0) Geologist YPF, Tecpetrol, San Jorge, Chevron Maria Ester Lara PhD (0) Geophysicist 0 YPF, ARCO, Lagoven, San Jorge, Chevron Kimiri Aike Dew Point Plant Southern Cross Rig 0 Mario Vila PhD () Salvador Minitti () Geophysicist Geologist 9 Total, Pan American (BP), Wintershall YPF, San Jorge, Chevron Juan Carlos Ferrero () Engineer YPF, San Jorge, Chevron Guillermo Rossi PhD () Geophysicist 9 YPF, San Jorge, Chevron Pablo Berri () Geologist Baker Huges, YPF, San Jorge, Chevron Mario Outon () Geologist Repsol YPF, San Jorge, Chevron Ricardo Saldano () Engineer 9 YPF, Pluspetrol Augusto Zubillaga () Engineer 0 San Jorge, Chevron Federico Resio (0) Engineer Chevron Guido Jimenez () Engineer ENAP, Weatherford, Schlumberger, Halliburton Miguel Mallo () Engineer Techint, McKee, San Jorge, Chevron Pampa Larga Plant Southern Cross Rig 0 Funding Sources: Santiago Norte Plant Quintana Rig 09

Resources ( million boe) 0+ prospects delineated from D seismic Strategic Market Position:

4 Overview: Opportunities = Potential + Market + Acquisitions Growth from Existing Blocks: Development of P, P and P Reserves ( million boe) Development and exploration of Contingent Resources ( million boe) 0+ prospects delineated from D seismic Strategic Market Position: Regional Consolidator: A R G E N T I I N A DEL MOSQUITO BLOCK C H I I L E FELL BLOCK METHANEX PLANT

5 Overview: LSE / AIM Performance GPK - HISTORICAL PRICES FROM MAY 00 TO 0 SEPTEMBER 00 GPK Vs. Oil & Gas AIM Sector and FTSE AIM All-Share June:,0, April:,, August:,, Volume (in Thousand of shares) Share Price (p Comparison from May 00 to 0 September 00 -May-0 0-Jun-0 0-Jun-0 -Jul-0 -Ago-0 0-Sep-0 -Sep-0 -Oct-0 0-Nov-0 -Nov-0 -Dic-0 -Ene-0 0-Feb-0 -Feb-0 -Mar-0 -Abr-0 0-May-0 -May-0 -Jun-0 0-Jul-0 -Jul-0 -Ago-0 0-Sep-0 GeoPark Closing Price Volume Rebased Closing Price ( GBX) May-0 Jun-0 Jul-0 Ago-0 Sep-0 Oct-0 Nov-0 Dic-0 Ene-0 Feb-0 Mar-0 Abr-0 May-0 Jun-0 Jul-0 Ago-0 Geopark plc FTSE All Share FTSE AIM Oil & Gas Shares outstanding at 0 June 00: 0,,0 Fully diluted shares outstanding at 0 June 00:,,09 Trading volume (shares per day):,0 (since IPO) /, (YTD) Market capitalization ( September 00): GBP.9 million

00 Third Quarter Update: Key Messages Solid financial results in First Half 00 Three rigs now in operation -- with 0 well drilling programme planned for 00-00 period Significant additions to

6 00 Third Quarter Update: Key Messages Solid financial results in First Half 00 Three rigs now in operation -- with 0 well drilling programme planned for period Significant additions to infrastructure have created a platform for future production growth and rapid commercialization of production On track to meet year-end production target of,000 boepd Prospect inventory has increased following D seismic interpretation positive implications for reserves Methanex Alliance: substantially de-risks activities on the Fell Block in Chile GEOPARK expects to be able to double its production in 00

7 First Half Results: Solid Progress Amounts in US$ 000 Six-months period ended 0 June, 00 Six-months period ended 0 June, 00 Year ended December, 00 NET REVENUE,,,00 Production costs (,90) (,) (,0) GROSS PROFIT, 99,9 Other operating income 0 - Exploration costs (,9) () (,) Selling and administrative expenses (,0) (,9) (9,) OPERATING LOSS (,0) (,9) (,) Financial income 909,0, Financial expenses (9) (,0) (,) LOSS BEFORE TAX (,9) (,9) (,) Tax on loss - () () Production: +9% YOY from boepd to, boepd delays in production start-up due to late arrival of drilling rig in Chile Revenues: +% YOY higher gas prices + % Gross Profit: +% YOY CAPEX: US$. MM Net Loss: US$. MM includes write-off from workovers (US$ 0.9 MM) includes charge related to employee incentive programme (US$.0 MM) LOSS FOR THE YEAR / PERIOD (,9) (,) (,9)

8 First Half Results: Strengthened Balance Sheet ASSETS (Amounts in US$ 000) Six-months period ended June 0, 00 Six-months period ended June 0, 00 Year ended December, 00 EQUITY AND LIABILITIES (Amount in USD) Six-months period ended June 0, 00 Six-months period ended June 0, 00 Year ended December, 00 Intangible assets and PP&E, 9,, Share capital and share premium,,, Other non current assets,0,0,9 Reserve and others,,99,0 NON CURRENT ASSETS,,0,0 Retained earnings (,9) (,0) (,0) EQUITY,,,0 Other current assets,,0, Borrow ings (Non Current),9 0,9 Cash and cash equivalents 0,0,,9 Borrowings (Current),0 - CURRENT ASSETS 9,9,9,0 Other current liabilities,9,0,9 LIABILITIES,0,09, ASSETS,,, EQUITY AND LIABILITIES,,, US$ 0 MM in borrowings from a year loan facility from the IFC Available cash and facilities at 0 June 00: US$ 0. MM Total Capitalization Ratio of % at 0 June 00

Operational Highlights: Creating a Platform for Growth Infrastructure Expansion Kimiri Aike Gas Production Facility ( Dew Point Plant ) constructed during first half and commissioned in September 00

9 Operational Highlights: Creating a Platform for Growth Infrastructure Expansion Kimiri Aike Gas Production Facility ( Dew Point Plant ) constructed during first half and commissioned in September 00 Current capacity mmcfd Additional compressor to increase capacity to mmcfd by Q0 Km of new pipelines constructed in Chile to tie-in new gas producing wells D Seismic Programme square kilometers (US$ million) on the Fell Block Completed in Q0 and currently undergoing final interpretation Expansion of prospect inventory Commencement of Drilling Programme rigs operating in Chile and Argentina wells completed on time and below budget Chile Pampa Larga Tested. mmcfd of gas, being hooked-up to plant (October 0) Santiago Norte Completed and cased, waiting for frac (October 0) San Miguel Completed and cased, currently testing Pampa Now drilling Argentina Zanja Dinero Abandoned Campo Leandro To spud in October 0 9

10 Production: On Track to Meet 00 Exit Rate of 000 BOEPD Year- end Production Target BOEPD Sep-0 Oct-0 Nov-0 Dec-0 Base Argentina Base Chile Tested wells Drilled wells New wells 0

11 Fell Block: Opportunity Inventory PARQUE NACIONAL PALI AIKE HT.x- N EA OC IC LA AT PACIFIC MARTIN OCEAN ARGENTINA Laguna Ana NT D- Estancia Brazo Norte A R G E N T I N A C H I L E LOCATION MAP AUSTRAL BASIN FELL BLOCK ARG.MAy- M- Seccion Dicky Te- ARG.MAy- D-9 DICKY D- D- D- ARG.MAy- D- D- CLi.e- Te- D- Fell- Ciaike D- D- HT.x- TETERA D- CLi.e- CLi.e- Condor Oeste CO- BRAZO NORTE Paso El Condor BN- Ci- CLi.e- ARG.MAy- Fell BN-A Ci- MTE. AY ORIENTAL Te- Línea Arbitraria Fell- D-0 T- MA-0 MA- CO- MA-9 DO- MA-9 D- MA- Monte Aymond BN- DO- Laguna de Los Tabanos ESCORIAL DO- DICKY O. E- T- MA- MA- MA- MA-00 MA- MA- MA- MA- 0 MA-BIS 0 9 MA- MA- MA- MA-BIS MA- Monte Aymond O. MA- MAO- T- TANDY Bahía Posesión MA- T- T- PL-A Mol- Mol- Okerer Aike MTE. AY. NUEVO OK- PL- Molino SAUCE P. LARGA PL- Mol- Mol- Mol- T- Codorniz COZ- COZ-A CHILE Tandy T-A T- E- PL- PL-0B PL-0A PL-0 PL- Mol- GUANACO PLE.x- PL- M.A. ESTRATIGRAFICO Punta Tandy PL- PL- Mol- LEGEND PL- PL-9 SJ- Condor CG- T- MA- E- MOLINO C-9 Cañadon Grande MA- MA- Pto. Municiòn Gu- San Jorge Caleta Municìones PL.a- Mun- Gu- SJ- Bahía Munición PROVEN OIL Municion Sau- Cerro Sutlej CoS.x- MunO- Mun- N- OVEJERO NIKA O- Chulengo CH- N- D. NORTE N- STRAIT Me- Bump Hill BH.x- Meric N- Faro Cerro Direcciòn PDN- NO- DorN- PUNTA DELGADA Dirección PDN- PD Norte PDN-A KAN- Dir- Dir- PDN- NS- MOGOTE KAN- PD- KAN- PD- PD- PD Oeste PD- PDO- KAN- E PDE- PD-PD- PD- KAN- CN- PD- PD-0 PD-9 F- CN- Co Negro F- SN- MN- MN- E PDE- Punta 9 E PDE- Delgada Este 0 E PDE- A B DorS-0 L K.AIKE SUR FE-9 FE- DorS--A B Picton S- Angostura P Manantiales DORADO SUR (Tc) EXISTING D SEISMIC Santiago 9 BOLD HIGH LEAD LLIMITE D Espora Ang. Este Am- Amadeo L Faro Punta Anegada Bahía Santiago DorS- PROSPECT / LEAD Punta Anegada FE- FE- FE- FE-9 FE- FE- FE- FE-FE- A FE- FE- FE-FE- PS- KAS- DorS-9 P Pta. Satelite R KAS- G POSSIBLE GAS FE- SANTIAGO NORTE KAS- Dor- G PROVEN GAS G PROBABLE GAS Bahía Dirección FE- FE- FE-9 E PDE- FE-A FE- FE- FE-0 FE- FE- FE-A FE- FE- FE-0 Faro Este K.AIKE Dor- DORADO SUR (Sp) E PDE- E PDE- FARO SN- Dorado Dor- CN- S- MATA NEGRA Dir- E PDE-0 SN- SNN.a- MAGALLANES 0A Dir- E PDE- Dir- 9 E PDE- KA- KA-A San Miguel SM.x- 0 PD- Mog- KA- 9 Dir-0 PD Este PDO- Puesto Ranger PR.x- Mur- Dor- OF Dir- Kimiri Aike Norte KA- POSSIBLE OIL Me- MURTILLA Tu- TUMBERO ESTE PROBABLE OIL Ni.a- NO- Tumbero MUNICION O. Mun- Ang. Sur Faro Satelite 0 Manantiales Este FELL BLOCK 9 Punta Barrosa 00-0 D SEISMIC 0 km NATIONAL PARK 0 0 AU-CHI-0 ( Jul 0 )

12 0 E PDE- 9 E PDE- 0 A B FE- FE- FE-9 E PDE- FE-A FE- FE- FE-0 FE- FE-A FE- FE- FE-0 FE- FE- FE- FE- FE-9 FE- 9 FE-FE- FE- FE- FE-FE- FE- Fell Block: Drilling Program D- A R G E N T I N A M- Dicky Te- HT.x- ARG.MAy- Ci- BN-A Fell- Fell- DICKY D- D-9 D- D- D- D- D- D- D- Te- Te- HT.x- ARG.MAy- ARG.MAy- ARG.MAy- CLi.e- CLi.e- CLi.e- Ci- BN- D- D-0 MA- MA-0 T- CLi.e- CO- CO- C H I L E SJ- SJ- Tu- Dor- DorN- Mur- BN- Cerro Sutlej x- Nika Oeste ST Puesto Ranger x- Dor- MN- OVEJERO Mog- MN- KIMIRI AIKE KAS- Dor- Dor- KAS- R KAS- Santiago Norte a- DorS-9 DorS- DO- DO- Pampa Larga Explo. PL- Nika Sur ST San Miguel x- DorS-0 Sau- KA- Mol- KA-A DO- KAN- KA- COZ- COZ-A O- KAN- KAN- KAN- KA- KAN- Mol- D- MOLINO Mol- NO- NO- Mol- Mol- Mol- Mol- N- NS- E- SN- SN- PL- PL-0B PL-0A SANTIAGO NORTE S- PL-0 PL- N- SN- PL- PL-9 N- PL- N- PL- Central PL PL- PL- E- NIKA PL-A S- E- PL- PAMPA LARGA CH- PS- PDO- MunO- Mun- MONTE AYMOND MA-9 MA- MA- MA- MA- MA-00 MA- MA- 0 MA- 0 MA-BIS 9 MA- MA- MA- MA-BIS MA- MAO- MA- Pampa Larga Este x- Gu- Gu- Nika a- Me- PDO- Me- PDN- PDN- PDN-A PDN- NE Chewelche x- PD- PD-PD- PD- PD- PD- PD- PD- PD-0 E PDE-0 CN- PD- E PDE- PD-9 Chewelche x- CN- CN- Pampa Larga a- F- F- Mun- PUNTA DELGADA E PDE- FE- FE- A E PDE- E PDE- FE-9 FE- Dir- Dir- Santiago Norte Dir- Dir- Mun- 9 Dir-0 0A Dir- MA- OK- Pampa Larga a- Bump Hill x- Pampa x- Desarrollo B E PDE- E PDE- Dir- MA- MA-9 MA- MA- MA- T- T- C-9 T- CG- T- T- Monte Aymond T-A Estratigráfico T- T- E S T R E C H O D E M A G A L L A N E S P. Larga a- Pampa x- Nika a- Chewelche x- DRILLED WELLS CURRENTLY DRILLING 00 PROGRAM 00 PROGRAM Am- DorS--A Santiago Norte Desarrollo A km

13 Fell Block: Pampa Well SN- Proposed P.x- SB- Datum Amplitude anomaly Top Springhill P.x- SN.a- SN- Top Tobifera SN- SN- SN- Pampa Prospect Reserve Estimate: 0 BCF Objective : Springhill Formation TD: 0 m

14 Fell Block: Nika Well Proposed Ni.a- N Anomalìa de amplitud SB- datum Top Springhill Ni.a- Nika Prospect Reserve Estimate: BCF Objective : Springhill Formation TD: 00 m

15 Fell Block: Puesto Ranger Well Proposed PR.x- KANN- Amplitude anomaly Top Springhill Top Tobifera PR.x- Km Km Puesto Ranger Prospect Reserve Estimate: 0 BCF Objective: Springhill Formation TD: 0 m

16 Del Mosquito Block: Opportunity Inventory SRC.x- LOCATION MAP Del Mosquito Norte DM.x- LBC.x- EE - CSJ - La Vega Del Mosquito 0 CCvS.x- SOUTHERN FLANK LEAD CCv.x- Ch 9 r or i s llo CAÑADON FRAILE LEAD 9 9 s Cerro Convento 0 e il Del Mosquito Seismic Program ( 9 Km ) 9 F CN.x- ra DM.x- GGHG.x- 0 9 O.x- Oceano 9 PN.x- DMN.a- LV.x- SF.x- EASTERN FLANK PROSPECTS EPu.x- DMN.a- DMN.x- Cerro Norte GIA.x- CH"B".x- 0 de los CAÑADON FRAILE SUR LEADS CF.x- Cañadón Fraile DM.x- LDM.x- ATLA NTIC OCEA N i PACIFIC OCEAN R GHJ0.x- FDC.x- s de Enero En.x- Chorrillos ChoN.x- 9 H LAGUNA DEL MOSQUITO LEAD Laguna del Mosquito ChoE.x- 9 0 LDM.x- (I) ChoS.x- 9 Campo MolinoCho.x- NRS.x- GOC.x- Condor Norte ( 00 Km ) Seismic Program LDMS.x- 9 CMo.x- NR.x- 0 BCo.x- Bardas Condor Zanja Pique ARGENTINA La Pirca CCRa.x- TC.x- LPi.x- TCE.x- Campo Limite Trece CLi.x- 9 9 Condor- DOS LAGUNAS LEAD Dos Lagunas 9 Condor Oeste CAMPO LEANDRO PROSPECT CO- CHILE CNo.x- HITO II-XI N- CL.x-00 MC.x- 0 Lead # ( 0 Km ) Seismic Program DL- 9 (I) HITO II-XII 0 MAY.x- x- 9 Condor Norte ZP.x- HITO II-X POSESION DL- ZANJA DINERO PROSPECT BAHIA Robalo HITO II-IX HITO II-VII Posesion PROVEN OIL Cerro Redondo II-VIII HITO X.E.- CAÑADON LUCK LEAD GSJ.x- DL- Seccion Gap SG- 0 0 HITO II-VI CVi.x- 9 PROBABLE OIL CR-00 0 b PROVEN GAS HV.x- Narrow CA- FARO VIRGENES - Geodine - HITO II-V MD.x- Mytilus HITO II-IV ESTRECHO HITO II-II Jaiba XE- C.VIRGENES DE PROSPECTS 0 Atun XE- Pejerrey MAGALLANES PROBABLE GAS 0 Pulpo 0 km HITO II-III XE- an 9 FARO VIRGENES Dungenes Neptuno XE- Skua XE- Wallis 0 Pinguino XE- FV.e- HITO II-I FV.x- Ex Baliza Dungeness P.9 DUNGENESS 0 LEADS SPITEFUL NORTE

9 km OIL CASE RESERVES Unrisked Volumes Mean: MMBBL P90: MMBBL GAS

17 Del Mosquito Block: Campo Leandro Exploration Well SW CL x-. km NE 0 ms (P90) =. km Top Springhill CL x- ms (P0) =.9 km OIL CASE RESERVES Unrisked Volumes Mean: MMBBL P90: MMBBL GAS CASE RESERVES Unrisked Volumes Mean: BCF P90: BCF Objective : Springhill Formation TD: 90 m

18 Work Programme Risk-balanced full cycle programme: production, development and exploration projects Period: Drilling 0 new wells with () active rigs CAPEX of US$ 00 Million (Funded by cash, IFC loan, revenues and Methanex gas pre-sale) Fell Block - Chile Year (US$ MM) Workovers.9 Seismic surveys 0km/ 9. Development Drilling 9. Explo.Drillings + App. + Dev.. 0 Facilities..9 TOTAL Investments. 9. Del Mosquito - Argentina Year (US$ MM) Workovers Seismic surveys 0. Development Drilling. Explo.Drillings + App. + Dev... Facilities 0.. TOTAL Investments..

Methanex Strategic Alliance Original MOU Agreement signed by both parties in Q0 with final execution targeted for execution in Q0 (Principal parts of the agreement have been put into effect) MOU

19 Methanex Strategic Alliance Original MOU Agreement signed by both parties in Q0 with final execution targeted for execution in Q0 (Principal parts of the agreement have been put into effect) MOU involves main components: Long term (0 years) gas supply contract (Basic terms agreed Q0) New gas price formula resulting in more advantageous pricing of gas for GEOPARK and a volume bonus directly linked to volumes above mmcfd. New price also positively impacts reserves (Basic terms agreed Q0 and put in effect Q0) Gas Pre-Sale Agreement: US$ 0 million of gas to be sold in advance (Basic terms agreed Q0 with expected disbursement Q0) Strategic partnership to acquire new blocks for gas exploration in Chile (Basic terms agreed Q0 with first bidding planned for Q0) The Methanex Agreement substantially de-risks exploration for gas on the Fell Block and financially underpins GEOPARK s medium term exploration and development activities 9

Business Development: GEOPARK s Platform for Growth GEOPARK is well positioned to become a consolidator in the Southern Cone Experienced technical team and a large in house capability to: Extract

20 Business Development: GEOPARK s Platform for Growth GEOPARK is well positioned to become a consolidator in the Southern Cone Experienced technical team and a large in house capability to: Extract maximum value from existing assets Take advantage of external opportunities as they arise Strong financial position IFC backing Methanex strategic alliance Rising operating cash-flow GEOPARK near term priority is to profitability grow production from the Fell Block in Chile However, the Company remains alert to external opportunities 0

Business Development: Argentina Santa Cruz Province Bids by Geopark El Turbio Este El Turbio Tapi Aike S A N T A C R U Z Qualified through all bidding rounds. (Only oil and gas operator to do so.

21 Business Development: Argentina Santa Cruz Province Bids by Geopark El Turbio Este El Turbio Tapi Aike S A N T A C R U Z Qualified through all bidding rounds. (Only oil and gas operator to do so.) Large blocks with attractive upside potential and adjacent to producing fields Currently waiting for results BLOQUE TAPI AIKE BLOQUE EL TURBIO BLOQUE DEL MOSQUITO BLOQUE EL TURBIO ESTE C H I L E 00 km BLOQUE FELL

22 Business Development: Chile Folded Belt Tranquilo Basin Axis Hinge line 000 Mts 000 Mts 000 Mts Slope Springhill Platform Coirón FELL Dorado-Riquelme Chañarcillo Brótula Arenal Intracampos Otway Caupolicán Marazzi Porvenir Río Hondo Isla Magdalena Bahía Inútil Lenga Magallanes Region Formed a consortium of Methanex, Wintershall and GEOPARK to participate in new block tender in Chile Complementary focus, strengths and abilities Consortium currently evaluating blocks, led by GEOPARK technical evaluation Bids due October 0, 00 GEOPARK is currently the only privatesector upstream operator and producer in Chile Rusfin Lago Mercedes Lago Blanco

23 Summary & Conclusions Rig related delays will not impact the Company s exit production objective of 000 boepd for 00 An active 0 well drilling programme should see production double in 00 The drilling inventory has been substantially increased as a result of technical work undertaken in the first 9 months of 00 Results from seismic, workovers and drilling are expected to have positive implications for yearend reserves position GEOPARK has all the ingredients in place to deliver a protracted period of growth in value for shareholders in the foreseeable future

Creating Value and Giving Back Safety, Prosperity, Opportunity, Community, Harmony Long term success in

Safety Creating a safe and organized workplace ensuring that everyone returns home from work everyday without

Only a financially healthy company can provide benefits for others Opportunity Providing the opportunity for

protecting the region, laws, customs and people where we work and creating real and sustainable opportunities

24 Creating Value and Giving Back Safety, Prosperity, Opportunity, Community, Harmony Long term success in creating value will be enhanced and measured by our collective achievement in each of these areas. Safety Creating a safe and organized workplace ensuring that everyone returns home from work everyday without injury Prosperity Performing with effort, quality and beyond our commitments to continuously build market value. Only a financially healthy company can provide benefits for others Opportunity Providing the opportunity for employees to grow professionally, contribute and share in the success of the company Community Respecting and protecting the region, laws, customs and people where we work and creating real and sustainable opportunities and benefits for the local communities Harmony - Leaving the environment in the same or better natural condition than when it was encountered

25 Company Directory Web Page: Main Office GEOPARK HOLDINGS LIMITED Florida 9, th floor 00 Buenos Aires Argentina Tel.: 900 Nominated Advisor & Broker Oriel Securities Limited Wood Street London ECV AN, United Kingdom Reporting Petroleum Engineers DeGolyer and MacNaughton 00 Spring Valley Road Suite 00 East Dallas - Texas, USA Solicitors Norton Rose More London Riverside London SE AQ, United Kingdom Auditors Grant Thornton UK LLP Grant Thornton House Melton Street London NW EP, United Kingdom

London, January 2007

1600 1400 1200 PRODUCTION (BOEPD) 1000 800 600 400 200 0 1Q 06 2Q 06 3Q 06 4Q 06 1Q JAN 07 07* * *January 1 18, 2007 London, January 2007 Contents Introduction Investment Case: Fundamentals in Place 2006: