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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 97% of its production with oil reserves and production 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 13% respectively, of total company production. It also has production base in Canada's hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea.


TSX:GTE - Post by User

Bullboard Posts
Comment by vforvalueon May 22, 2008 11:21pm
390 Views
Post# 15102015

RE: Security concerns

RE: Security concernsBetter investment opportunities than GTE? You mean you are willing to pass a company that has risen almost 500% in the last 52 weeks and is showing a374% revenue growth rate? Sure there might be "a dime a dozen" other companies which are in more business friendly environments but no security/political force will stop the raise in demand for oil. I think GTE has started off amazingly in Canada and will continue to amaze its investors. Yes you diversify and pick more "safe" oil companies but definitely consider GTE as one of your choices.  Average volume for GTE has been 200% and you would regret missing this shot if GTE makes it big (if it has not done so already).
Bullboard Posts