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 are 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.

TSX:GTE - Post by User

Gran Tierra Energy Ord Shs > It is head-shaking to ponder not putting the 70 million

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Comment by baranjaon Sep 17, 2023 9:40am

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Post# 35640201

RE:RE:RE:It is head-shaking to ponder not putting the 70 million

baranja wrote:
This price is equivalent of 80 cents before. Sickening. This price level is covid level price level. It is less then pre-covid. I have oil companies that produce 5K barrels and have bigger market caps then this that producers 30K per day. Sickening.

Oil Price Hedges: Gran Tierra does not currently have any oil price hedges in place and expects to fully benefit from any increases in oil prices.

Just shaking my head. I just don' t understand. What did happened here? I wasn't following full time here, but but I can't figure out why?

Anybody has any take on this? Is this because of gangsters in Columbia? Can't figure it out.

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