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 > This stock is a good buy

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Comment by monte8on Aug 29, 2024 10:44am

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Post# 36201147

RE:This stock is a good buy

coolfooldumbguy yes! The i3 Energy shareholders getting the best of everything in this whole deal. The Gran Tierra longs just keep getting hammered on by the CEO (Guidry) and the Board of Directors like, all the time.

Approval of massive debt to exploration for marginal volume increase BOEPD.
Redundant Buyback.
10:1 stock consolidation
Acquisition of i3 Energy with cash and issued shares (further GTE dilution).
GTE sells on Brent vs i3 Energy on WTI, maybe Western Select?

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