# EDGAR Filing Document

**Accession Number:** 0001506666
**File Stem:** 0001104659-26-018354
**Filing Date:** 2026-2
**Character Count:** 32242
**Document Hash:** 9b7a3b78b3b910f750fff7799e83ddfc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-018354.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0001104659-26-018354

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 8

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GeoPark Ltd
- **CENTRAL INDEX KEY:** 0001464591
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-87998
- **FILM NUMBER:** 26662118

**BUSINESS ADDRESS:**
- **STREET 1:** CALLE 94 NO. 11-30 8 PISO
- **CITY:** BOGOTA
- **STATE:** F8
- **ZIP:** 00000
- **BUSINESS PHONE:** 562-2242-9600

**MAIL ADDRESS:**
- **STREET 1:** CALLE 94 NO. 11-30 8 PISO
- **CITY:** BOGOTA
- **STATE:** F8
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GeoPark Holdings Ltd
- **DATE OF NAME CHANGE:** 20090520
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Parex Resources Inc.
- **CENTRAL INDEX KEY:** 0001506666

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 585 8TH AV. SW
- **CITY:** CALGARY
- **PROVINCE COUNTRY:** A0
- **ZIP:** T2P 1G1
- **BUSINESS PHONE:** 403-237-1708

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 585 8TH AV. SW
- **CITY:** CALGARY
- **PROVINCE COUNTRY:** A0
- **ZIP:** T2P 1G1

## Exhibit 99.1

**Exhibit 99.1**

**NOMINATION & INDEMNIFICATION AGREEMENT**

February [●], 2026

Nominee: [●]

Dear [●]:

This letter confirms our understanding as follows:

**Nomination and Role**: You consent to be nominated and, if elected, to act as a director of GeoPark Limited, a Bermuda exempted company limited by shares (the "<u>Target</u>"), if nominated by Parex Resources Inc. (the "<u>Company</u>") as part of its slate of nominees (the "<u>Slate</u>") in connection with actions that may be taken by the Company to acquire the assets of, or the voting or equity securities of, the Target, including, without limitation, the submission of a notice of nomination in respect of an annual general meeting of the Target's shareholders, the solicitation of proxies in connection with any meeting of the Target's shareholders or the commencement of any tender, exchange or other offer for the voting or equity securities of the Target (the "<u>Solicitation</u>"). You also agree that (1) the Company is not obligated to nominate you as part of its Slate and may remove you from its Slate at any time and (2) that you will serve as a director of the Target if elected or appointed.

**Compensation**: The Company agrees to pay you $25,000 in two installments: (1) $12,500 upon the execution of this agreement by each party; and (2) $12,500 upon the earlier of: (a) the mailing of a definitive proxy statement listing you as a nominee in the Slate; and (b) the execution of a definitive agreement between the Company and the Target relating to a transaction. You agree not to withdraw your consent to be nominated or refuse to act as a director if elected. If you voluntarily withdraw from the Slate prior to the completion of the Solicitation or refuse to act as a director if elected, you will repay all payments previously received and forfeit any further payment.

**Expense Reimbursement**: The Company will reimburse you for all reasonable and customary out-of-pocket expenses (including travel expenses) necessary to perform your responsibilities as a nominee from the date hereof until the termination of this agreement.

**Prohibited Transactions**: You agree not to acquire beneficial ownership of or dispose of any Target securities (or arrange to do such things) without the Company's prior written consent.

**Disclosure and Consent**: You will complete and return all questionnaires provided by the Company or the Target relating to your nomination and will supply accurate and complete information. You will promptly inform the Company of any updates to your responses. You consent to the inclusion of your nomination and related information in proxy statements or other communications by the Company or the Target for the Solicitation.

**Indemnification**: The Company will indemnify you and hold you harmless against all claims, losses and expenses (including reasonable attorneys' costs) arising from your participation in the Solicitation, except if you (a) violate any law, (b) act in bad faith or with gross negligence or willful misconduct, (c) provide false or misleading information or omit material information in connection with the Solicitation, or (d) are exposed to liability in respect of any fraud or dishonesty of which you are guilty. This indemnity includes advancement of reasonable attorneys' costs incurred by you in connection with any proceeding arising from your participation in the Solicitation, subject to repayment if indemnification is later deemed inapplicable. This indemnity will survive your removal from the Slate or your election, but only with respect to events that occurred prior to such removal or election. You agree to provide the Company with prompt written notice of any claim for which you may seek indemnification and to cooperate with the Company in connection with such claim. The Company will have the right to assume and control the defense of such claim, with counsel chosen by the Company, and to settle any such claim.

**Directors' Duties**: If elected, you will owe statutory and fiduciary duties exclusively to the Target and its stockholders, as required under Bermuda law, and nothing in this agreement will prohibit you from complying with such duties. You represent and agree that (1) you are not, and will not become, a party to any arrangement or understanding with respect to how you would act or vote as a director if elected and (2) you will comply with the Target's policies and guidelines applicable to directors if elected.

**Termination**: This agreement will automatically terminate upon the earlier of: (1) your election or appointment as a director of the Target; and (2) notice from the Company that it has abandoned the Solicitation or that you will not be included in, or have been removed from, the Slate. Termination will not affect any rights or obligations accrued prior to termination.

**Governing Law and Venue**: This agreement is governed by and construed in accordance with the laws of Bermuda. All legal proceedings arising out of this agreement will be brought and resolved exclusively in the venue of any court of Bermuda.

**Entire Agreement**: This letter, together with the non-disclosure letter agreement between you and the Company, constitutes the entire agreement between you and the Company regarding your nomination. It supersedes all prior understandings and can only be amended in writing, signed by both parties.

[*Signature page follows*]

Please indicate your agreement with the foregoing by signing in the space provided below, whereupon this letter agreement will become a binding agreement between the Company and you.

---

| |
|:---|
| Very truly yours, |
| PAREX RESOURCES INC. |
| By: |
| Name: |
| Title: |

---

---

| |
|:---|
| Accepted and Agreed as of the date first above written: |
| Name: [●] |

---

**Exhibit A**

<u>CONSENT OF NOMINEE</u>

The undersigned understands that Parex Resources Inc. ("<u>Parex</u>") intends to nominate the undersigned for election to the Board of Directors of GeoPark Limited ("<u>GeoPark</u>"), in connection with actions that may be taken by Parex to acquire the assets of, or the voting or equity securities of, GeoPark, including, without limitation, the submission of a notice of nomination in respect of an annual general meeting of GeoPark's shareholders, the solicitation of proxies in connection with any meeting of GeoPark's shareholders or the commencement of any tender, exchange or other offer for the voting or equity securities of GeoPark.

The undersigned hereby consents to be named as a nominee of Parex or GeoPark for the Board of Directors of GeoPark, to be elected pursuant to a solicitation of proxies from stockholders of GeoPark or other action by Parex, to be named as a nominee in Parex's or GeoPark's proxy solicitation materials and to serve as a director of GeoPark if elected.

Name: [●]

## Exhibit 99.2

**Exhibit 99.2**

**NEWS RELEASE**

**Parex Resources Announces Nomination of Six Directors to GeoPark's Board**

**Calgary, Alberta, February 20, 2026** – Parex Resources Inc. ("Parex" or the "Company") (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited ("GeoPark") (NYSE: GPRK), announced today that it has nominated six highly-qualified director candidates for election to GeoPark's Board of Directors (the "GeoPark Board") at its upcoming 2026 Annual Meeting of Shareholders (the "Annual Meeting"). Each of the nominees is independent of both GeoPark and Parex under applicable securities laws and stock exchange rules.

The nominations follow Parex's attempts to explore value-maximizing transactions for GeoPark shareholders, including a proposal by Parex to acquire GeoPark in late 2025. Parex has nominated these director candidates in advance of the Annual Meeting in accordance with GeoPark's advance notice bylaw. As one of GeoPark's largest shareholders, Parex believes this action will help to ensure that all options to maximize shareholder value are independently evaluated.

Following a thorough director search process, Parex has identified six independent, highly-qualified director nominees. The slate of nominees consists of current and former senior executives and directors with deep industry expertise and a track record of maximizing shareholder value. The nominees are:

· Jim
 Davidson – former co-founder and CEO of FirstEnergy Capital Corp

· David
 French – former Partner at McKinsey & Company, and former President & CEO of
 Obsidian Energy and Bankers Petroleum

· Matthew
 Rees – former CEO of Vesta Energy

· Michael
 Stewart – former Director at TC Energy, Bonterra Energy, C&C Energia, and Pengrowth
 Energy

· Walter
 Vrataric – currently the VP, Business Development & Land at Woodcote Oil &
 Gas, and former CEO of Chinook Energy

· Ian
 Weatherdon – former CFO of Gulf Keystone Petroleum Limited

More detailed biographical information about the nominees can be found below. Additional information about the earlier proposal by Parex to acquire GeoPark can be found in Parex's October 29, 2025 press release.

Parex has retained Scotiabank as its financial advisor; Paul, Weiss, Rifkind, Wharton & Garrison LLP, Norton Rose Fulbright Canada LLP, and Appleby (Bermuda) Limited LLP as its legal counsel; and Innisfree as its proxy solicitor.

**<u>Director Nominees</u>**

<u>Jim Davidson</u>

· With
 decades of energy sector investment banking experience, Mr. Davidson has served as the former
 co-founder and Chief Executive Officer of FirstEnergy Capital Corp, formerly Canada's
 leading energy-focused investment bank, was a governor of the former Alberta Stock Exchange,
 and was on the Board of the Calgary Humane Society. Mr. Davidson currently serves on the
 boards of Topaz Energy and the Fraser Institute.

· Mr.
 Davidson graduated from the University of Waterloo and holds the ICD.D designation from the
 Institute of Corporate Directors. He has been inducted into the IIAC Investment Industry
 Hall of Fame, awarded a Lifetime Achievement Award by the Oil & Gas Council, was recognized
 as one of Canada's Top 50 Most Powerful Business People by Canadian Business Magazine,
 and is a recipient of the Queen Elizabeth II Diamond and Platinum Jubilee Medal by the Governor
 General of Canada.

![](tm266730d1_ex99-2img002.jpg)

<u>David French</u>

· With
 over 30 years of experience in both the oil & gas and advisory sectors, Mr. French was
 most recently a Partner at McKinsey & Company where he led the Technical & Commercial
 Advisory teams in operations, joint ventures and merger integrations. He was also the President
 & Chief Executive Officer at Rosehill Resources, Obsidian Energy and Bankers Petroleum.

&nbsp;&nbsp;&nbsp;&nbsp;· Mr.
 French holds an MBA from Harvard Business School and a Bachelor of Science in Mechanical
 Engineering from Rice University.

<u>Matthew Rees</u>

· With
 over 25 years of experience in the energy sector, Mr. Rees was most recently the President
 & Chief Executive Officer of Vesta Energy, a private equity owned upstream producer with
 assets in the Duvernay. He was also the President & Chief Executive Officer of Orlen
 Upstream Canada, and was on the Board of Directors for Bonavista Energy and Pieridae Energy.

&nbsp;&nbsp;&nbsp;&nbsp;· Mr.
 Rees has significant experience across Latin America, where he held senior leadership roles
 for Talisman Energy in business development, including leading
the Commercial and Planning Colombia team from Bogotá.

· Mr.
 Rees holds an MBA from the University of Calgary, a Bachelor of Engineering degree with mechanical
 specialization from the University of Victoria, and holds the ICD.D designation from the
 Institute of Corporate Directors.

<u>Michael Stewart</u>

· Mr.
 Stewart has served as a director of public companies in aggregate for over 50 years, including
 on the Boards of TC Energy, Pengrowth Energy, CES Energy Solutions, C&C Energia, and
 Bonterra Energy. He also held several senior executive positions at Westcoast Energy.

· Mr.
 Stewart graduated from Queen's University with a Bachelor of Science degree (Honours)
 in geological sciences and is a non-practicing member of the Association of Professional
 Engineers and Geoscientists of Alberta (APEGA).

<u>Walter Vrataric</u>

&nbsp;&nbsp;&nbsp;&nbsp;· Mr.
 Vrataric has more than 30 years of experience in the energy sector.

· Currently,
 Mr. Vrataric is the Vice President of Business Development & Land at Woodcote Oil &
 Gas, an exploration company focused on the Clearwater in Western Canada. He also served as
 the President & Chief Executive Officer of Chinook Energy, where he gained international
 experience, and as the President, Chief Executive Officer & Founder of One Exploration.

&nbsp;&nbsp;&nbsp;&nbsp;· Mr.
 Vrataric graduated from the University of Calgary with a Bachelor of Commerce degree.

<u>Ian Weatherdon</u>

· With
 over 35 years of international oil & gas experience, Mr. Weatherdon was most recently
 the Chief Financial Officer and Director of Gulf Keystone Petroleum, a London-listed company
 with one of the largest oil developments in the Kurdistan region. He also served as the Chief
 Financial Officer of Sino Gas & Energy Holdings, Vice President of Finance & Planning
 Asia Pacific at Talisman Energy, and Chief Financial Officer of Equión Energía
 Limited JV in Colombia.

· Mr.
 Weatherdon holds a FT Non-Executive Director Diploma, is a Chartered Professional Accountant,
 and holds a Bachelor of Commerce degree from the University of Calgary.

**<u>About Parex Resources Inc.</u>**

Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

![](tm266730d1_ex99-2img002.jpg)

*For more information, please contact:*

 

**Mike Krutchen**

Senior Vice President, Capital Markets & Corporate Planning

Parex Resources Inc.

403-517-1733

Investor.relations@parexresources.com

**Steve Eirich**

Senior Investor Relations & Communications Advisor

Parex Resources Inc.

587-293-3286

Investor.relations@parexresources.com

**<u>Advisory on Forward-Looking Statements</u>**

Certain information regarding Parex set forth in this document contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The use of any of the words "plan", "expect", "intend", "believe", "should", "anticipate" or other similar words, or statements that certain events or conditions "may" or "will" occur, are intended to identify forward-looking statements. These statements are only predictions, and actual events may differ materially. Many factors could cause actual events to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Parex. In particular, forward-looking statements contained in this document include, but are not limited to, statements with respect to the anticipated impact of the director nominees on the corporate governance of the GeoPark Board. These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to, the risk that one or more nominees becomes unable to continue to stand for nomination or act as director of GeoPark. Readers are cautioned that the foregoing list of factors is not exhaustive. Although the forward-looking statements contained in this document are based upon assumptions which Management believes to be reasonable, the Company cannot assure investors that actual events will be consistent with these forward-looking statements. With respect to forward-looking statements contained in this document, Parex has made assumptions regarding, among other things, the actions of the existing GeoPark Board. These forward-looking statements are made as of the date of this document and Parex disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

**<u>No Solicitation</u>**

This press release is not intended to, and does not, constitute the solicitation of a proxy from any shareholder of GeoPark. Such a solicitation of proxies will only be made pursuant to a proxy statement provided to shareholders of GeoPark in accordance with applicable law and made available on the Company's website at www.parexresources.com, on EDGAR at www.sec.gov, on SEDAR+ at www.sedarplus.ca or otherwise upon request from the Company. This press release is not a substitute for any such proxy statement, and shareholders of GeoPark are urged to read such proxy statement, when available, as well as any amendments or supplements thereto, carefully and in their entirety because they will contain important information regarding such a solicitation of proxies.

![](tm266730d1_ex99-2img002.jpg)

## Exhibit 99.3

**Exhibit 99.3**

**NEWS RELEASE**

---

| | |
|:---|:---|
| **Parex Resources Announces Proposal to Acquire Frontera Energy's Colombian E&P Assets** | ![](tm266730d1_ex99-3img001.jpg) |

---

**Calgary, Alberta, February 23, 2026** – Parex Resources Inc. ("Parex" or the "Company") (TSX: PXT), announced today that it has submitted an acquisition proposal (the "Proposal") to the Board of Directors (the "Frontera Board") of Frontera Energy Corporation (TSX: FEC) to acquire all of Frontera's Colombian upstream business in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are substantially the same as the existing acquisition agreement previously announced. The Proposal represents a US$125 million premium compared to the existing acquisition agreement.

Imad Mohsen, President & Chief Executive Officer, said, "Our all-cash offer to acquire Frontera's Colombian-based upstream business provides immediate and greater value for Frontera and its shareholders. Based on the premium offered, we expect that the Frontera Board will conclude that our Proposal will be a "Superior Proposal" as defined by the previously announced acquisition agreement. We look forward to further discussions with Frontera's Board and Management team to finalize a transaction."

As one of the largest independent oil and gas companies in Colombia, Parex is focused on strategically investing in opportunities that are accretive to its portfolio and aligned with a Colombia-focused growth strategy. The Company's existing partnership at VIM-1 gives direct insight into Frontera's assets and the exceptional quality of its people. A combination of both portfolios would immediately create the largest independent Colombian-focused energy company, delivering greater scale, enhanced capital efficiency, stronger free cash flow generation, and a more resilient platform for long-term growth.

Parex is confident a successful transaction would unlock significant and immediate value for shareholders at both companies and be a great win for Colombia.

**<u>About Parex Resources Inc.</u>**

Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

*For more information, please contact:*

**Mike Krutchen**

Senior Vice President, Capital Markets & Corporate Planning

Parex Resources Inc.

403-517-1733

Investor.relations@parexresources.com

**Steven Eirich**

Senior Investor Relations & Communications Advisor

Parex Resources Inc.

587-293-3286

Investor.relations@parexresources.com

![](tm266730d1_ex99-3img002.jpg)

**<u>Advisory on Forward-Looking Statements</u>**

Certain information regarding Parex set forth in this document contains forward-looking statements that involve substantial known and unknown risks and uncertainties. The use of any of the words "expect", "believe", "anticipate" or other similar words, or statements that certain events or conditions "may" or "will" occur, are intended to identify forward-looking statements. These statements are only predictions, and actual events or results may differ materially. Many factors could cause actual events to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, Parex. In particular, forward-looking statements contained in this document include, but are not limited to, statements with respect to the anticipated value of the Proposal for Frontera and its shareholders, the Frontera Board concluding that the Proposal will be a "Superior Proposal", and the accretive value of the proposed transaction. These forward-looking statements are subject to numerous risks and uncertainties, including but not limited to, the Proposal not being considered by the Frontera Board to lead to a Superior Proposal and the risk that the anticipated benefits of the transaction may not be realized. Readers are cautioned that the foregoing list of factors is not exhaustive. Although the forward-looking statements contained in this document are based upon assumptions which Management believes to be reasonable, the Company cannot assure investors that actual events will be consistent with these forward-looking statements. With respect to forward-looking statements contained in this document, Parex has made assumptions regarding, among other things, the actions of the Frontera Board. These forward-looking statements are made as of the date of this document and Parex disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

![](tm266730d1_ex99-3img002.jpg)

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**GeoPark Ltd**

*(Name of Issuer)*

**Common shares, par value US$0.001 per share**

*(Title of Class of Securities)*

**G38327105**

*(CUSIP Number)*

**Cameron Grainger**<br>585 8th Av. SW, 2700 Eighth Avenue Place<br>West Tower<br>Calgary A0 T2P 1G1<br>(403) 237-1708

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**02/20/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G38327105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Parex Resources Inc.** | Name of reporting person<br>**Parex Resources Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ALBERTA** | Citizenship or place of organization<br>**ALBERTA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**6085086.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**6085086.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**6085086.00** | Aggregate amount beneficially owned by each reporting person<br>**6085086.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**11.8%** | Percent of class represented by amount in Row (11)<br>**11.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common shares, par value US$0.001 per share

**(b) Name of Issuer:**
GeoPark Ltd

**(c) Address of Issuer's Principal Executive Offices:**
Calle 94 No 11-30, 8 Piso, Bogota, F8, 00000

This Amendment No. 2 to Schedule 13D ("Amendment No. 2") relates to the Schedule 13D filed on October 29, 2025 (as amended by Amendment No. 1, dated December 11, 2025, the "Schedule 13D") by Parex Resources Inc., an Alberta corporation (the "Reporting Person"), relating to the Common Shares, par value US$0.001 per share (the "Common Shares"), of GeoPark Limited, an exempted company incorporated under the laws of Bermuda (the "Company"), whose principal executive offices are located at Calle 94 No 11-30, 8 Piso, Bogota, Colombia, 00000. Except as specifically amended by this Amendment No. 2, the Schedule 13D is unchanged.

**Item 4. Purpose of Transaction**

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following information:  On February 20, 2026, the Reporting Person submitted a nomination notice to the Company, pursuant to which the Reporting Person nominated six independent, highly qualified candidates to stand for election to the Board of Directors of the Company (the "Board") at the Company's 2026 annual general meeting (the "Nomination").  In connection with the Nomination, the Reporting Person intends to solicit proxies against an equal number of current members of the Board to prevent their reelection to the Board, which members have not yet been determined.

In connection with the Nomination, each director nominee has entered into a director nomination and indemnification agreement in the form filed as Exhibit 99.1 hereto, pursuant to which, among other things, each such nominee has agreed to serve as a director of the Company if elected to the Board. The foregoing summary of the director nomination and indemnification agreements is not intended to be complete and is qualified in its entirety by reference to the full text of Exhibit 99.1, which is incorporated herein by reference.

On February 20, 2026, the Reporting Person issued a press release announcing the Nomination. The foregoing summary of the press release is not intended to be complete and is qualified in its entirety by reference to the full text of the press release, which is filed as Exhibit 99.2 hereto and is incorporated herein by reference.

If the nominees are elected to the Board pursuant to the Nomination, such nominees would comprise a majority of the newly constituted Board, which may result in the newly constituted Board determining to take certain actions including, among other things (i) the election of a new chair of the Board, (ii) changes to the composition of the committees of the Board, (iii) removal of, or revisions to, the Company's existing shareholder rights plan or (iv) reengagement with the Reporting Person regarding a potential transaction or one or more of the other actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D.

On February 23, 2026, the Reporting Person issued a press release announcing that it had submitted an acquisition proposal to acquire Frontera Petroleum International Holdings B.V. ("Frontera Petroleum"), a wholly-owned subsidiary of Frontera Energy Corporation ("Frontera") with oil and gas exploration and production assets in Colombia, in an all-cash offer for consideration of US$500 million, plus the assumption of debt, in addition to a contingent payment of US$25 million with terms that are substantially the same as the existing acquisition agreement previously announced by the Company. The foregoing summary of the press release is not intended to be complete and is qualified in its entirety by reference to the full text of the press release, which is filed as Exhibit 99.3 hereto and is incorporated herein by reference.

The purpose of the acquisition proposal is to acquire the assets of Frontera Petroleum, and is not related to the Reporting Person's acquisition of Common Shares, the Nomination or the Reporting Person's plans or proposals relating thereto. However, if Frontera accepts the acquisition proposal, it would have the effect of (i) preventing the Company from acquiring such assets and (ii) changing the Company's anticipated business, and also may result in one or more of the other actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate number and percentage of the Common Shares that are beneficially owned by the Reporting Person and as to which the Reporting Person has sole voting power, shared voting power, sole dispositive power and shared dispositive power are set forth on the cover page of this Statement, and such information is incorporated herein by reference. The percentage used herein is calculated based on an aggregate of 51,663,988 Common Shares outstanding as of September 30, 2025, based on the information contained in the Company's Interim Condensed Consolidated Financial Statements for the three and nine-month periods ended September 30, 2025 and 2024, included in the Company's Form 6-K dated November 5, 2025.

**(b)**
The information in Item 5(a) of this Statement is incorporated herein by reference.

**(c)**
Item 5(c) of the Schedule 13D is hereby amended and supplemented by adding the following information:

On February 17, 2026, the Reporting Person acquired 100 Common Shares on the open market at a price of US$8.09 per share.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Parex Resources Inc.

**Signature:** /s/ Cameron Grainger

**Name/Title:** Cameron Grainger

**Date:** 02/23/2026