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Bullboard - Stock Discussion Forum
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.
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TSX:GTE - Post Discussion
Gran Tierra Energy Ord Shs
> Oil Movement Lately
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(19)
•••
Montee8
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Post by
Montee8
on Jan 14, 2025 10:11am
Oil Movement Lately
Thought for sure we were going to break $12.00 yesterday with oil move lately. Though with Trump taking the oath for the office next week and his positive views and support for the oil industry, we should see easily breaking $12.00 in the coming week and further breaking the 52-week high of $14.23 and make new highs!
Longs will definitely benefit to recoup some of our losses though the years.
(567)
•••
Frank007
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Comment by
Frank007
on Jan 14, 2025 6:49pm
Not with the amount of debt these guys have taken on ...interest rates are going up ..lots of the debt is very high already like 9.5%...even bte is not as bad on a per share dash's..
(19)
•••
Montee8
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Comment by
Montee8
on Jan 15, 2025 11:08am
Frank007, most here may never get our return on investment due to the past shares rollback, further share price drop, further issuing more shares to fund operations and company officials rewarding themselves. However, with Trump soon to take office and with his stance “drill baby drill” favorable to the oil and gas industry and providing the share prices continues to increase, I’m seeing this as
...more
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