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Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  GTE

Energy Oil & Gas E&P
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

Gran Tierra Energy Ord Shs > Gran Tierra Energy Inc. Granting of Exemptive Relief
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Post by Betteryear2on Feb 20, 2024 9:23pm
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Post# 35890049

Gran Tierra Energy Inc. Granting of Exemptive Relief

Gran Tierra Energy Inc. Granting of Exemptive ReliefCALGARY, Alberta, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American: GTE)(TSX: GTE)(LSE: GTE), today announces that it has obtained an exemption order from the Canadian securities regulators which permits Gran Tierra to purchase up to 10% of its “public float” (within the meaning of the rules of the Toronto Stock Exchange (the “TSX”)) of shares of common stock (the “Shares”) through the NYSE American (the “NYSE”) and other trading systems based in the United States (together with the NYSE, the “U.S. Markets”) as part of Gran Tierra’s normal course issuer bids announced on October 31, 2023. Absent this exemptive relief, Gran Tierra’s purchases under a normal course issuer bid on markets other than the TSX would be limited to not more than 5% of its outstanding Shares over any 12-month period. A substantial majority of the trading volume of Gran Tierra’s Shares occurs through the U.S. Markets.

Gran Tierra Energy Inc. Announces Granting of Exemptive (globenewswire.com)
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