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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
Comment by auburn2on Oct 07, 2019 2:23pm
96 Views
Post# 30204370

RE:Colombia: 21st Pipeline Bombing today, 80 Bombings in 2018!!

RE:Colombia: 21st Pipeline Bombing today, 80 Bombings in 2018!!The geopolitical risk isn't high, let alone extremely high. Pipeline bombings are security issues addressed by Ecopetrol and the state.

Anyway this stockfy from Greece follows me around spreading lies about my competency even though I have a very profitable past 5 years. I'm accumulating GTE at these levels. I concisder it lower risk than YGR because of stronger financials, better geology, and an active exploration of world-class basins serving as additional catalysts over the next 9 months. Waterflooding Acordinero is underway and reserves are expected to increase.

I wasn't even that critical of YGR. I said it looked obviously better than the other darling of these two Greeks being PPR, which always has been overleveraged and has too much crummy geology. YGR is a definite improvement for them.
Bullboard Posts