Gran Tierra Energy Inc.

Gran Tierra Energy Inc. today announced that it has completed its previously announced offering of an additional $100 million aggregate principal amount of its previously issued 9.500% Senior Secured Amortizing Notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended , to non-U.S [...]

Gran Tierra Energy Inc. today announced that it has priced its offering of an additional $100 million aggregate principal amount of its previously issued 9.500% Senior Secured Amortizing Notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended , to non-U.S. persons in transactions [...]

Gran Tierra Energy Inc. today announced that it intends, subject to market and other conditions, to offer an additional amount of its previously issued 9.500% Senior Secured Amortizing Notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended , to non-U.S. persons in transactions outside [...]

2024 Capital Expenditure Budget of $210-240 Million and Expected 2024 Cash Flow1 of $280-320 Million in Base Case Plan to Drill 13-17 Development Wells and 6-9 High Impact Near-Field Exploration Wells Forecast 2024 Production of 32,000-35,000 BOPD, Increases of 4% from 2023, 11% from 2022 and 28% from 2021 Forecast 2024 Free Cash Flow2 of $175 Million Before Exploration, $75 Million After Exploration in Base Case Plan to [...]

Highest Year-End Total Company Reserves in Company History - 90 MMBOE 1P, 147 MMBOE 2P and 207 MMBOE 3P Added Total Company Reserves of 18 MMBOE 1P, 29 MMBOE 2P and 36 MMBOE 3P Achieved 154% 1P, 242% 2P and 303% 3P Reserves Replacement Fifth Consecutive Year of 1P Total Company Reserves Growth Incurred F&D Costs, Excluding Change in FDC, of $11.96 , $7.58 and $6.06 per boe Net Present Value Before Tax Discounted at 10% of [...]

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 20, 2023, there were 33,288,305 Shares issued and outstanding and the public float was 32,349,140 Shares. Pursuant to the Bid, Gran Tierra will be able to purchase for cancellation up to 3,234,914 Shares, representing 10% of the [...]

Third Quarter 2023 Total Average WI Production of 33,940 BOPD, Up 12% from One Year Ago and Up 1% from Prior Quarter, Highest Quarterly Average Since Second Quarter 2019 Third Quarter 2023 Net Income of $7 Million, Funds Flow from Operations of $79 Million and Free Cash Flow of $36 Million Third Quarter 2023 Adjusted EBITDA of $119 Million and 12-Month Trailing Adjusted EBITDA of $413 Million Subsequent to Third Quarter [...]

Gran Tierra Energy Inc. is pleased to announce the appointment of Mr. Sebastien Morin as Chief Operating Officer . Mr. Morin will be joining Gran Tierra as COO, located in Calgary and will report to Gary Guidry, President and Chief Executive Officer. Mr. Morin was most recently President & COO at WesternZagros Resources Ltd., a privately-owned petroleum operating company with production sharing contracts in the Kurdistan [...]

Gran Tierra Energy Inc. announces that the Company will release its 2023 third quarter financial and operating results on Tuesday, October 31, 2023, after market close. Gran Tierra will host its 2023 third quarter results conference call on Wednesday, November 1, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Interested parties may register for the conference call by clicking on this link. Please note that [...]

Gran Tierra Energy Inc. today announced the issuance of US$487,590,000 aggregate principal amount of its 9.500% Senior Secured Amortizing Notes due 2029 as part of its previously announced offers to exchange the 6.250% Senior Notes due 2025 , issued by Gran Tierra Energy International Holdings Ltd., and the 7.750% Senior Notes due 2027 , issued by the Company. Gary Guidry, President and Chief Executive Officer of Gran [...]