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

Bullboard Posts

Comment by 1standgoalon Oct 04, 2017 11:24am

178 Views

Post# 26775246

RE:RE:1.4M share crossover.

I don't think so. The selling is not done here in my opinion. The company says its operating at full capacity at these current brent prices, well debt is high relative to peers of same market cap, and EPS is poor to say the least. The only thing that gets this to 4.00 is a takeover, and i don't see this happening either sadly. Im a holder, but looking to get out relatively soon. There are better plays.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec