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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 frammel2020on Dec 11, 2013 11:54am
255 Views
Post# 21994565

RE:$467 million 2014 capital spending program

RE:$467 million 2014 capital spending program
Any reason for the winds of change in emphasizing Argentina ahead of Brazil?  Are people expecting government to encourage more drilling?  I believe Dana alluded to this a few quarters ago and it would certainly be a benefit to GTE but is that still in the political currents?.  I dont think its been emphasized before but could justify that $12 price target of Paradigm.
Bullboard Posts