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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 Hugo1947on Aug 21, 2024 4:31pm
184 Views
Post# 36190672

RE:Well guys and gals, BECAUSE

RE:Well guys and gals, BECAUSE I agree with this guy, I started buying ITE about 2 years ago. And with that 10% dividend I have never looked back. The current President is a very smart man and knows his oil. I was planning on holding my shares for a very, very long time as a nice retirement egg. Now that GTE has bought it, I am concerned as to getting anymore dividends because, like some of you, I also own GTE shares that have under performed over the last many years. I definitely don't like mixing a winner [ITE] with a current loser [GTE], unless GTE is going to wake up and treat us fairly.
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