Current GTE Stock Info

Gran Tierra Energy: reinvesting cash flow in exploration: we’re trying to drill 30-40 exploration wells in the next 3-4 years

At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Gran Tierra Energy (ticker: GTE) President & CEO Gary S. Guidry.

Gran Tierra transformed its portfolio through four strategic, accretive acquisitions in Colombia in 2016, which established a dominant land position in the highly prospective, underexplored Putumayo Basin and a new core area in the prolific Middle Magdalena Valley Basin in Colombia.

Gran Tierra has 74% of its 2P reserves contained in three large operated, conventional, onshore Colombian oil assets: Acordionero, Costayaco and Moqueta. Working interest 1P, 2P, 3P reserves before royalties increased 51%, 91% and 146% respectively.

View Gran Tierra’s EnerCom Conference presentation webcast here.

View Gran Tierra’s investor presentation here.

Exclusive Video Interview with Gran Tierra Energy President & CEO Gary Guidry

Source: Grand Tierra Energy

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