Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  GTE

Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 99% of its production with oil reserves and production mainly located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Company’s field is the Acordionero field, where it produces approximately 17-degree American Petroleum Institute (API) oil, which represents 52% of total company production. The Putumayo production is approximately 27-degree API for Chaza Block and 18-degree API for Suoriente Block, representing 25% and 14% respectively, of total company production.


TSX:GTE - Post by User

Post by yycimporton Dec 09, 2021 6:55pm
279 Views
Post# 34216623

2022 Guidance

2022 Guidance

Gran Tierra Energy Inc. Announces 2022 Guidance

  • 2022 Capital Expenditure Budget of $220-240 Million, Expected 2022 Cash Flow1 of $270-290 Million
  • Forecast 2022 Production of 30,500-32,500 BOPD, an Increase of 19% from 2021 and 39% from 2020
  • Forecast 2022 Free Cash Flow2 of $40-60 Million After Fully Funded 2022 Exploration Program
  • 2021 Year-End Credit Facility Balance Expected to be Under $70 Million
  • Full Repayment of Credit Facility Expected in 2022
  • Fitch Ratings Upgrade to 'B-', Outlook Stable
https://www.grantierra.com/press-room/article/352-gran-tierra-energy-inc-announces-2022-guidance
<< Previous
Bullboard Posts
Next >>