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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 fearlessggg1962on Jan 31, 2022 10:47pm
311 Views
Post# 34383078

Charts are looking good on GTE

Charts are looking good on GTEHello to all long term holders,

Not too long ago sold all my shares of JOY and  have been looking for some un-loved small oil companies. I think, I found it, so today was my first day buying GTE, I used to follow GTE many,many moons ago but like everybody else, I had given up on any O&G type companies. GTE looks very good to me right now and came up with what I believe will be the next stop for GTE....$2.40 by next year and and $4 plus after mid 2024 but let's not get ahead of ourselves yet. The $4 plus can only be achieved if all the stars align perfectly. Let's face it GTE's management has fumbled the balls a few times but regardless of the many ball fumblings, I believe management has learned a few lessons and  we are now moving in the right directions. So hopefully this thing does not go too crazy on me so i can accumulate a nice little position before it starts to go parabolic on me. Good luck to all long term holders and you can now add me as a long term holder. just so you all know, I am not a penny flipper and I only invest for the long run. So looking forward to put in my two bits of common sense on GTE.

Regards,

Fearlessgg
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