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

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Post by maldwynon Jun 05, 2019 2:38pm

65 Views

Post# 29800474

Retired some convertible notes ....

It appears to have resulted in huge volumes, but not much price movement.

07:18 AM EDT, 06/05/2019 (MT Newswires) -- Gran Tierra Energy (GTE.TO), an oil and gas producer focused on properties in Colombia, said late Tuesday that the company will be redeeming all of its issued and outstanding 5.00% convertible senior notes due 2021.

The offer will commence on June 6 and expire at 2 pm (Calgary time) on July 12, unless extended, varied, or withdrawn.

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