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Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s):  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 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.


TSX:GTE - Post by User

Comment by downwithdotcom1on Sep 16, 2024 1:23pm
108 Views
Post# 36225736

RE:Press Release: i3 Energy PLC Announces Interview

RE:Press Release: i3 Energy PLC Announces Interview

totally agree..see the particulars below on how the final terms were met....I'm VOTING NO (and EVERYONE ELSE SHOULD TOO!!!) to send a message to GUIDRY and the BOD...worst management team EVER!!! dwdc


"Beginning in Q2 2024, following confidentiality agreements to protect the Company’s data, all participating counterparties were granted access to a data room for a sufficient period to conduct thorough due diligence on i3 Energy, and, post such period, bids were ultimately received from a number of counterparties in the last week of July 2024.

Gran Tierra’s offer was the highest bid received and, as such, it was selected as the preferred bidder. Subsequently, through a process of negotiation, Gran Tierra increased its offer on the 27th of July 2024, the 13th of August 2024 and finally on the 15th of August 2024, which reflects the final terms as announced."

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