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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
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Post by monte8on Sep 18, 2024 9:58am
152 Views
Post# 36228792

Press Release - Equinox Partners Investment Management LLC E

Press Release - Equinox Partners Investment Management LLC E

Equinox Partners Investment Management LLC Expands Stake in Gran Tierra Energy Inc.


This press release is not so good for the retail investors as Equinox Partners increase their stake, they also will control Gran Tierra and decisions made.  I can almost guarantee their decisions are not all in the best interest of the common retail investor.

This is exactly what happened 8 or so years ago, a major activist investment company (I can't remenber the name now) ousted the former President / CEO and Board of Directors and replaced with the current Gerry Guidry.

Of course, they had all the insides and made money hand over fist in the past and maybe now set to gain.

Here's the link to the Press Release: https://ca.finance.yahoo.com/news/equinox-partners-investment-management-llc-190159176.html
 
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