Gran Tierra Energy has announced an operations and financial update. The Company achieved Q3 2021 average production of approx. 29,000 BOPD, up 26% from prior quarter and increased current average production to approx. 30,600 BOPD, the highest since February 2020.
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CALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE)
Gran Tierra Energy Inc. ( Gran Tierra or the Company ) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended June 30, 2021 (
the Quarter ). All dollar amounts are in United States dollars and production amounts are on an average working interest before royalties (
WI ) basis unless otherwise indicated. Per barrel (
bbl ) and bbl per day ( BOPD ) amounts are based on WI sales before royalties. For per bbl amounts based on net after royalty (
NAR ) production, see Gran Tierra’s Quarterly Report on Form 10-Q filed August 3, 2021.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Gran Tierra Energy Inc. Announces Second Quarter 2021 Results
Gran Tierra Energy Inc.August 4, 2021 GMT
Achieved Second Quarter 2021 Average Total Production of 23,035 BOPD, Up 14% Year-Over-Year
Reaffirms 2021 Full-Year Production Guidance of 27,500-28,500 BOPD and Capital Program of $130-150 Million
Reaffirms 2021 Full-Year Budget Guidance: Cash Flow
2
2
2
Balance Paid Down To $175 Million
CALGARY, Alberta, Aug. 03, 2021 (GLOBE NEWSWIRE) Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced the Company’s financial and operating results for the quarter ended June 30, 2021 (“the Quarter”). All dollar amounts are in United States dollars and production amounts are on an average working interest before royalties (“WI”) basis unless otherwise indicated. Per barrel (“bbl”) and bbl per day (“BOPD”)