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Gran Tierra Energy Ord Shs GTE


Primary Symbol: T.GTE

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

Comment by downwithdotcom1on Jun 11, 2024 3:37pm
111 Views
Post# 36083341

RE:RE:RE:GTE up 85% since the low of Jan 18th.

RE:RE:RE:GTE up 85% since the low of Jan 18th. with all this suppossed great news ...Why did GTE borrow yet another $100 mill at 9.5%?? Why haven't we heard about the improving tax regime???  Why no detailed return of capital plan - base/special dividend from potential taxes saved/recouped that was already paid??
Yes, its over $13, but it was nearly $23 before this disasterous consolidation was executed

WORST MANAGEMENT TEAM EVER!!!! dwdc
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