Gran Tierra Energy Ord Shs GTE

Primary Symbol: T.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.

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Gran Tierra Energy Ord Shs > Gran Tierra Energy Inc. Announces 2024 Guidance and Operatio

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Comment by monte8on Jan 24, 2024 2:51pm

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Post# 35843551

RE:Gran Tierra Energy Inc. Announces 2024 Guidance and Operatio

Too much capital expnditure for the little increase in BOPD. Also, spend 50% of the free cash flow (75 mill) on share buyback, which for the last year and half has shown to do nothing for the shareholders as well as the share price.

Remember, we are at less than 50% of the share price we were just over a year ago and the buyback was initiated about two years ago.

Tha management is ripping us shareholders off!!

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