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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

Comment by downwithdotcom1on Oct 01, 2021 2:57pm
192 Views
Post# 33953512

RE:New Director

RE:New Directorwith the REAL TIME cashflows plus the POTENTIAL of even higher cashflows going forward, WHY IS GTE  STILL TRADING UNDER 1X forward cashflow with brent nearing $80 USD???
 your answer , unfortunately, is because of moves like this ..dwdc
PS...WOW-has to be one of the CHEAPEST oil plays in the publically trading universe- a trade is there but its only because all boats move up with the rising tide...
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