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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 witekon Jun 27, 2018 11:51am
188 Views
Post# 28237090

GMT Capital owns 16% of GTE shares. Question is why ?

GMT Capital owns 16% of GTE shares. Question is why ?
11:48AM ET on Wednesday Jun 20, 2018 by GlobeNewswire
 

Pursuant to the early warning requirements of applicable securities laws, GMT Capital Corp. ("GMT") announces that effective May 29, 2018, certain of its hedge fund and private client managed accounts acquired an aggregate of 354,100 shares of common stock ("Common Shares") of Gran Tierra Energy Inc. ("Gran Tierra") over the facilities of the Toronto Stock Exchange at a price of USD$3.15 per share. GMT has previously reported holdings on behalf of its hedge fund and private client managed accounts of 52,695,106 Common Shares representing approximately 13.62% of the issued and outstanding Common Shares. GMT's hedge fund and private client managed accounts currently hold an aggregate of 61,781,606 Common Shares representing approximately 16.03% of the issued and outstanding Common Shares.

Bullboard Posts