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 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

Gran Tierra Energy Ord Shs

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Comment by ModelT1on Oct 16, 2010 5:53pm

464 Views

Post# 17573741

RE: RE: RE: Upgrade and comment....

With regards to the after hours, I donèt believe there was a whole lot of volume there. Correct mt if I am wrong.
As for the PRE comparison, I have heard them both mentioned in the same breath.

For those who may not know, GTE has no debt, zero, notta, zilch.....and is able to self fund with revenue from production. This alone is huge......and then with the lawyers setting up shop there.....hey.

Lastly, they will soon start trading on the South American exchanges. This will most certainly give them a lift.
I expect to see more upgrades shortly, and any positive results will send this stock upward. IMHO

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