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 Oilpro2001on Mar 06, 2019 1:17pm

78 Views

Post# 29450553

RE:Technical Analysis 2

Techinical analysis aside, we are at the mercy of oil price, and the oil inventory data today showing surplus build, and the world bank report showing a reduced forecast for global growth in 2019, and Exxon and Shells plans to increase production by 1 million bopd over the next two years in the Permian, are pretty solid technical indicators of pressure on oil price for the near to mid term. Fingers crossed that oil prices hang in (and increase fingers crossed), because if it does we will do well with this one. IMO.

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