Gran Tierra Energy Inc. today announced the voting results from the Company's annual meeting of stockholders held on May 2, 2025. Final Voting Results of Gran Tierra's Annual Meeting of Stockholders: Stockholders elected all nine individuals nominated by Gran Tierra. In addition, stockholders voted "FOR" the ratification of the appointment of KPMG LLP as Gran Tierra's independent registered public accounting firm for the [...]
Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital Campaign, Paid Down $27 Million of Debt Additional Liquidity Secured with Signing of New $75 Million Credit Facility CALGARY, Alberta, May 01, 2025 -- [...]
Gran Tierra Energy Inc. announces that the Company will release its 2025 first quarter financial and operating results on Thursday, May 1, 2025, post-market. Gran Tierra will host its first quarter 2025 results conference call on Friday, May 2, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Gran Tierra's 2025 Annual Meeting of Stockholders will be held on Friday, May 2, 2025, at 10:00 a.m. Mountain Time, 12:00 [...]
Record Fourth Quarter Production of 41,009 BOEPD Realized 2024 Net Income of $3 Million and 2024 Adjusted EBITDA1 of $367 Million Delivered Net Cash Provided by Operating Activities of $239.3 million, up 5% from 2023 Generated 2024 Funds Flow from Operations1 of $225 Million and Achieved 2024 Average Working Interest Production of 34,710 BOEPD, up 6% from 2023 Sixth Consecutive Year of 1P Total Company Reserves Growth [...]
Gran Tierra Energy Inc. announces that the Company will release its 2024 fourth quarter and year ended December 31, 2024, financial and operating results on Monday, February 24, 2025, before market open. Gran Tierra will host its conference call on the same day, Monday, February 24, 2025, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time and 4:00 p.m. Greenwich Mean Time. Interested parties may register for the [...]
Sixth Consecutive Year of 1P Total Reserves Growth Resulting in Highest Total Reserves in Company History Delivered 702% 1P and 1,249% 2P Reserves Replacement Including Recent Acquisition Total Liquids 1P and 2P Reserves Increased to 128 and 217 Million Barrels of Oil Equivalent with 1P and 2P Reserve Life Index increasing to 10 and 17 Years, Respectively Added Total Reserves of 89 MMBOE 1P, 159 MMBOE 2P and 191 MMBOE 3P [...]
2025 Capital Expenditure Budget of $240-280 Million and Expected 2025 Cash Flow1 of $260-300 Million 2025 Capital Program Includes 10-14 Development Wells and 6-8 High Impact Exploration Wells Forecast 2025 Production of 47,000-53,000 BOEPD, Representing at the Midpoint, an Increase of 44% from 2024 Forecast 2025 Free Cash Flow2 of $90 Million Before Exploration, $20 Million After Exploration in Base Case Plan to Allocate [...]
Gran Tierra Energy is pleased to announce that Gran Tierra has completed its previously announced strategic joint venture transaction and partnership with Logan Energy Corp. Pursuant to the Transaction, Gran Tierra and Logan entered into a purchase and sale agreement whereby Logan acquired a 50% working interest and operatorship of a portion of Gran Tierra's Simonette Montney assets for approximately C$52 million in cash [...]
Gran Tierra Energy Inc. is pleased to report that another significant milestone has been achieved in Ecuador with a seventh successful oil discovery further confirming the significant potential of the Arawana / Zabaleta field area. In addition, we are excited to announce that Gran Tierra has entered into a purchase and sale agreement with Logan Energy Corp. pursuant to which Logan would acquire 50% and operatorship of a [...]
Gran Tierra Energy Inc. , today announces that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for its shares of common stock . As of October 31, 2024, there were 36,460,141 Shares issued and outstanding and the public float was 35,458,717 Shares. Pursuant to the Bid, Gran Tierra will be able to purchase for cancellation up to 3,545,872 Shares, representing 10% of the [...]
Gran Tierra Announces its Sixth Consecutive Ecuador Oil Discovery from the Charapa-B7 Well and Has Achieved Cumulative Production of Over 1 Million Barrels of Oil in Ecuador Gran Tierra Achieved $1 Million in Net Income and Generated $60 Million in Funds Flow from Operations, an Increase of 31% from Prior Quarter Third Quarter 2024 Total Average WI Production of 32,764 BOPD Operating Netback of $101 Million and Adjusted [...]