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 > GTE breaks thru 200 day moving average ....

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Post by rodster55on Nov 02, 2023 12:40pm

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Post# 35713881

GTE breaks thru 200 day moving average ....

Nice to see the free cash flow going share buybacks again ? Don't forget there is 2.3 million shorts and trading seems to be dominated by CIBC and Anon in Canada. Pretty sad conference call with the website presentation leaving out key negative metrics !!! Positives are the macro picture of oil short term, debt extension but at what cost to shareholders and the 15k put purchase locks in downside risk for 5 months.

Sad management will take 232 days to complete the NICB this time !!!!!!

GLTA Longs

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