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 > Sorry, I’m out

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Comment by spacegimpon Dec 10, 2022 5:01pm

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Post# 35164113

RE:Sorry, I’m out

Now projecting they will pay $130 million taxes for 2023 , so much for tax pools. They should cut way back on exploration as the tax regime is now as bad as Mexico it seems
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Impact of Colombian Tax Reforms: After accounting for Colombia’s recently enacted tax reforms, Gran Tierra’s mid-point Base Case 2023 budget is expected to incur 2023 current taxes of approximately $110 to $130 million (payable in second quarter 2024).

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