Fitch: GeoPark outlook negative

Fitch Ratings said it has affirmed the foreign and local currency issuer default rating of GeoPark Latin America Ltd. Agencia en Chile at B. These rating actions affect $300 million of outstanding international bonds due on February 2020.

The outlook is revised to negative from stable.

GeoPark's ratings reflect the company's small scale of production and relatively small reserve profile as well as its production concentration, in the face of depressed global oil prices, Fitch said.

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