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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 dbeaudeon Feb 21, 2013 8:13pm
344 Views
Post# 21026102

RE: RE: matter of time.....

RE: RE: matter of time.....

Very solid performance today considering oil was way down and the oil sector had the cr ap kicked completely out of it. Will be interesting what the analysts do because if they raise targets and publish them it will lend support to the share price and maybe give it another boost. I hope this time up the stock gets support at the $6 level and does not get sold back down by the hedge funds.

Many of the analysts only give 10% to 20% of the contingent resource value in their models. I suspect they should increase this percent to the 30% to 50% thus increasing the NAV. Lets see...

Bullboard Posts