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

Post by Oilpro2001on Jun 11, 2019 5:28pm

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Post# 29816650

Organic Growth

The share price should react well to an announcement of Q2 production increasing due to organic growth. I think that the market is hoping that the recent bond they did is used to pay down other debt, and not to make another acquisition. That might be weighing down the share price. Time for them to focus on boosting production via the drill bit, and lowering opex and G&A. IMO.

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