GeoPark

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Global Markets & Equities 10 Oct 2026, 04:50 PM IST

Gilinski Nears Major GeoPark Control in Venezuela Oil Deal

Colombian billionaire Jaime Gilinski is moving toward a deal that could hand him majority control of GeoPark in exchange for a Venezuelan oil field, according to reporting cited by Bloomberg. The transaction, if completed, would mark a significant shift in the ownership and strategic direction of the Latin American oil producer, while underscoring renewed investor appetite for distressed energy assets tied to Venezuela.

By RDU Global Wire5 min read

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Entities frequently referenced alongside GeoPark:

Washington, D.C.(1)Venezuela(1)Nike(1)Jaime Gilinski(1)Colombia(1)Bloomberg(1)