According to people familiar with the matter, Colombia's richest family is teaming up with Bogota-based oil company GeoPark Ltd to get close to reaching a deal with Venezuelan oil. The family is GeoPark's largest shareholder, holding 28% of the shares. The upcoming deal involving the Gilinsky Group and GeoPark is part of an influx of investors into this resource-rich country — where the Trump administration is seeking to boost the country's economic recovery.

According to people familiar with the matter, Colombia's richest family is teaming up with Bogota-based oil company GeoPark Ltd to get close to reaching a deal with Venezuelan oil. The family is GeoPark's largest shareholder, holding 28% of the shares. The upcoming deal involving the Gilinsky Group and GeoPark is part of an influx of investors into this resource-rich country — where the Trump administration is seeking to boost the country's economic recovery.