Colombia’s Richest Man Bets $107M on Argentina’s Oil

2026-03-09 - 13:13

Key Points —Grupo Gilinski, the conglomerate of Colombian billionaire Jaime Gilinski, invested $107 million to acquire 20% of NYSE-listed GeoPark, becoming its largest shareholder with the right to increase its stake to 32% —GeoPark plans to pour up to $1 billion into Argentina’s Vaca Muerta shale formation by 2030, after production in its core Colombian