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.

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Gran Tierra Energy Ord Shs > It's the 685 MILL OF NET DEBT!!! GOT IT? The properties are

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Post by drunk@noonon Feb 20, 2024 10:50am

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Post# 35888827

It's the 685 MILL OF NET DEBT!!! GOT IT? The properties are

fine, operations are fine. IT's the fact it would take 11-12 years of current free cashflow to pay off debt, that is the issue. That must have to be taken into account when determining intrinsic value of the company.

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