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Bullboard - Stock Discussion Forum 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 is the operator of 24 of these blocks. Its assets in Colombia represent approximately 97% of its... see more

TSX:GTE - Post Discussion

Gran Tierra Energy Ord Shs > Production rate at 29,000 bpd currently - Q2 conference call
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Post by morsel on Aug 04, 2021 11:24am

Production rate at 29,000 bpd currently - Q2 conference call

Will get over 30,000 when new, already-drilled, wells are brought onto production.  Projecting 30,000 to 32,000 bpd in 2nd half of 2021.

As financials become tidied up with reduction of credit facility, looking at exploration in Ecuador.
Comment by JohnJBond on Aug 04, 2021 10:54pm
The Q2/21 report and H2/21 guidance looked very promising to me.    Using mgmt's H2 forecast of free cash flow and capital expenditure, suggests about US$0.53/share cash flow in H2/21 alone.    Thats not far below the current share price - ie presently available for a little over 1/2 times cash flow.    You don't see that every day! I added as ...more  
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