Comment from Senior Analyst Kirk Wilson of Calgary
https://seekingalpha.com/article/241840-the-alberta-bakken-trend-kirk-wilson
KW: Gran Tierra Energy Inc. (
GTE) is a very interesting one. It's a relatively low-risk stock. It will basically have a flat production profile from their Costayaco Field in Colombia for the next two years. That should give it a lot of cash flow. Judging by current oil prices, Gran Tierra could be looking at cash flow in the range of $450 million. It also has about $200 million of working capital. That's a lot of capital to deploy, and the company recently started ramping up its exploration. It has had some success at Moqueta and is more actively exploring in southern Colombia. This month, Gran Tierra will drill its first exploration well in Peru. That's more high-risk, high-impact exploration. However, the company is targeting a play that could be as large as 1 billion barrels. It's got a lot of interesting exploration potential from those plays.
Hang on folks........, you'll get your que from the insiders, just like we did with this recent run a few days ago.