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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
Post by tpaymanson Feb 26, 2013 6:43am
353 Views
Post# 21041597

news

news

Income over 2012 did not grow, instead it dropped 2 percent or so!

A little bit diapointing? But nex year it will be pritty much more I gess.

 

Still undervalued imo, look at African oil: no income no sales, only some wells producing (tot. 7000 bbld) but no way to transport it to markets, less cash and only 60 mil stocks less. They are @ 7,50 and have been above 8,00. Compare to gran Tierra this stock should be above 10.00

 

gr Theo

 

 

 

 

 

to

Bullboard Posts